Chinese AI models are surging globally, favoured by some companies for their functionality and low cost, sparking fierce domestic competition.
Tech giant Alibaba‘s AI app Qwen on Monday said it would dish out three billion yuan ($430 million) to users in digital “red envelopes” — a form of traditional cash gifts — starting February 6, following similar campaigns by competitors Tencent and Baidu.
Users who register with the…

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