China AI Leaders Warn of Widening Gap With US After $1B IPO Week

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(Bloomberg) — Some of China’s most prominent figures in generative artificial intelligence warned that the Asian nation is unlikely to eclipse the US in the global AI race anytime soon.

Justin Lin, head of Alibaba Group Holding Ltd.’s Qwen series of open-source models, put at less than 20% the chances of any Chinese company leapfrogging the likes of OpenAI and Anthropic with fundamental breakthroughs over the next three to five years. His caution was shared by peers at Tencent Holdings Ltd., and at Zhipu AI, which this week helped lead Chinese…



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China AI Leaders Warn of Widening Gap With US After $1B IPO Week


(Bloomberg) — Some of China’s most prominent figures in generative artificial intelligence warned that the Asian nation is unlikely to eclipse the US in the global AI race anytime soon.

Justin Lin, head of Alibaba Group Holding Ltd.’s Qwen series of open-source models, put at less than 20% the chances of any Chinese company leapfrogging the likes of OpenAI and Anthropic with fundamental breakthroughs over the next three to five years. His caution was shared by peers at Tencent Holdings Ltd., and at Zhipu AI, which this week helped lead Chinese…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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