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New AI battle adopts old price war strategy as Chinese tech giants keep start-ups at bay behind the Great Firewall

The price of AI services in China plummeted in May after ByteDance kicked off a price war by pricing access to its LLMs at 99.8 per cent below GPT-4. ....

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Alibaba, Baidu, ByteDance heat up price war in China's AI market with steep LLM discounts, putting pressure on start-ups

Alibaba Cloud has slashed the fees for using its generative artificial intelligence models by up to 97 per cent, a week after ByteDance launched a rival service that costs less than most competitors. ....

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Baidu ekes out modest quarterly revenue growth amid escalating generative AI competition in China

China’s search engine and AI giant saw revenue grow 1 per cent in the first quarter, while net income fell 6 per cent but was better than estimates. ....

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Alibaba says its Tongyi Qianwen AI models are used by over 90,000 corporate clients in China

Alibaba says its Tongyi Qianwen AI models are used by over 90,000 corporate clients in China
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Baidu closes Wikipedia-like app as focus shifts to generative AI

Launched in 2006, Baidu Baike gained popularity partly because access to Wikipedia was unreliable and eventually blocked in China. ....

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