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Tencent is latest Chinese tech giant to enter LLM price war, adding pressure on AI start-ups

Chinese AI companies are waging a full-fledged price war in hopes of finding ways to commercialise their large language models, with Tencent the latest tech giant to slash prices for its products.

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Decoding China s Top Ten Generative AI Models: Established Tech Old Guards Lead the Charge in the GenAI Era – China Money Network

Decoding China s Top Ten Generative AI Models: Established Tech Old Guards Lead the Charge in the GenAI Era – China Money Network
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China s 4 new AI tigers – Baichuan, Zhipu AI, Moonshot AI and MiniMax – emerge as investor favourites

Baichuan, Zhipu AI, Moonshot AI and MiniMax are amassing billions of yuan of funding from domestic tech giants, venture capitalists and state-backed investors.

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China s Moonshot AI snaps $1b at a post-money valuation of $2 5 billion: Report

Moonshot AI recently pocketed another $1 billion in a fresh funding round that roped in its shareholders including HongShan.

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Chinese start-up Moonshot AI raises US$1 billion in funding round led by Alibaba

Beijing-based Moonshot AI, known in Chinese as Yuezhi Anmian, was valued at about US$2.5 billion in its latest funding round.

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