Chips or not, Chinese AI pushes ahead
7 months ago

Chips or not, Chinese AI pushes ahead

Live Mint  

Chinese technology companies cut off from the world’s most advanced chips for artificial-intelligence computing are rallying around an appealing message from industry pioneers: to make money, they might not necessarily need them. “Without applications," Li said at an AI industry conference last month, “having only foundational models, whether open source or closed source, is worthless." A recent KPMG report said AI investors in China in the second quarter “focused on AI-enablement rather than on LLM offerings," including in areas like robotics and improving workplace efficiencies. TikTok’s Chinese parent ByteDance, dubbed China’s “App Factory," has launched more than 20 apps, including a chatbot, an English tutor and a video creator powered by its in-house models. “It is important to figure out how we can achieve better results through engineering instead of blindly investing in computing power," 01.AI’s Lee said at the AI industry conference in China.

History of this topic

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