Chinese artificial-intelligence titans are gearing up for an intense marketing blitz in the run-up to the Lunar New Year, dishing out digital “red envelopes” filled with cash and releasing cutting-edge model updates in an effort to capture hearts and minds during the most important holiday on the Chinese calendar.
It’s a Chinese tradition to give each other red envelopes containing small sums of cash to celebrate the New Year. The practice has thrived in the digital world through…

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