AI startup draws big investors
7 years, 5 months ago

AI startup draws big investors

China Daily  

Yao Song, co-founder and CEO of DeePhi Tech, introduces the company's latest processor in Beijing on Tuesday. DeePhi Tech gets $40 million in funding for data center, security services development Artificial intelligence processor startup DeePhi Tech has raised about $40 million in its latest round of financing, with investments led by Ant Financial Services Group and Samsung Venture Investment. Yao Song, co-founder and CEO of DeePhi Tech, said part of the new cash will be used to accelerate the development of AI products and services for the security and big data fields. Founded in 2016 by a group of researchers from Tsinghua University and Stanford University, DeePhi Tech focuses on offering deep learning algorithms and processors to accelerate the application of AI in diverse sectors. In the first half of this year, China's AI startups have secured a combined record financing of 19.3 billion yuan, according to a report released by the tech-investment data website itjuzi.com.

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History of this topic

China floods the world with new low-cost AI models after DeepSeek’s success, undercutting OpenAI, Google, and others
Trending News
5 hours, 30 minutes ago

China floods the world with new low-cost AI models after DeepSeek’s success, undercutting OpenAI, Google, and others

Hindustan Times  

DeepSeek did more than just show the AI industry you don’t have to spend billions to build artificial intelligence. Since DeepSeek upstaged OpenAI in January with a powerful model that purportedly cost just several million dollars to build, China’s tech leaders have flooded the market with a rapid succession of low-cost AI services, undercutting premium offerings from the likes of …

Jack Ma-backed Ant Group touts AI breakthrough using Chinese chips
1 day, 13 hours ago

Jack Ma-backed Ant Group touts AI breakthrough using Chinese chips

Hindustan Times  

Ant Group Co, a Chinese financial services company backed by billionaire Jack Ma, is using semiconductors made in China for cutting costs on training artificial intelligence models by 20 per cent. Its still using Nvidia for AI development, but is now relying mostly on alternatives including from Advanced Micro Devices Inc. and other Chinese chips for its latest models. This …

Roland Berger: Foreign firms should invest in China's tech R&D
3 days, 16 hours ago

Roland Berger: Foreign firms should invest in China's tech R&D

China Daily  

It is quite critical for foreign companies to continue to invest in technological research and development in China, and there will be a lot of scientific discoveries and disruptions coming into innovation, said Denis Depoux, global managing director of Roland Berger. Noting that China is accelerating steps to bolster the development of new quality productive forces, Depoux said, "What China …

Meitu drawing bigger global picture with generative AI
5 days, 16 hours ago

Meitu drawing bigger global picture with generative AI

China Daily  

By FAN FEIFEI | China Daily | Updated: 2025-03-21 09:41 Meitu's booth is seen during a tech fair in Fuzhou, Fujian province. CHEN HAO/FOR CHINA DAILY Meitu Inc, a Chinese tech company known for its popular image-editing app and content-sharing software, is ramping up efforts to make forays into overseas markets while doubling down on generative AI technology to improve …

Why did China give away DeepSeek free, what's the game here?
1 week, 2 days ago

Why did China give away DeepSeek free, what's the game here?

India Today  

Did you know Chinese checkers is not a game that originated in China? Now, the entire letter comes across as a plea where a private company is essentially asking the US government to regulate AI in such a way that, within the US as well as in the rest of world, it shuts out competitors, most notably the likes of …

Inside the mind of Intel’s new CEO: ‘Disrupt and Leapfrog’
1 week, 5 days ago

Inside the mind of Intel’s new CEO: ‘Disrupt and Leapfrog’

Live Mint  

They say Lip-Bu Tan is the best hope to fix Intel —if Intel can be fixed at all. “He is brave enough to adjust the workforce to the size needed for the business today," said Reed Hundt, a former Intel board member who has known Tan since the 1990s. Tan’s capabilities aside, Intel remains far behind in modern chip production, …

Beijing to introduce AI courses across primary, secondary schools
1 week, 6 days ago

Beijing to introduce AI courses across primary, secondary schools

China Daily  

BEIJING -- Beijing will introduce artificial intelligence courses for primary and secondary school students, in an effort to nurture future-oriented and innovative talent. Starting from the upcoming fall semester, schools across the Chinese capital will offer at least eight class hours of AI instruction per academic year. The teaching methods will vary by educational stage — primary schools will focus …

Chinese Companies Rush to Put DeepSeek in Everything
2 weeks ago

Chinese Companies Rush to Put DeepSeek in Everything

Wired  

What do a mobile shooting game, a nuclear power plant, and a local Chinese government office have in common? Dozens of banks, insurance companies, and brokerage firms across the country also disclosed they are using DeepSeek to train customer service reps, design investment strategies, and handle similar kinds of tasks. Even though major Chinese AI companies like Baidu and Alibaba …

OpenAI launches new developer tools as Chinese AI startups gain ground
2 weeks ago

OpenAI launches new developer tools as Chinese AI startups gain ground

The Hindu  

OpenAI launched new tools for developers on Tuesday that will help them build advanced AI agents, using a few application programming interfaces, amid growing competition from Chinese AI startups. AI agents are designed to independently execute complex real-world tasks without direct human intervention, while API is a strings of code which enables standardised communication, data exchange and functionality between software …

China's top universities expand enrolment to beef up capabilities in AI, strategic areas
2 weeks, 1 day ago

China's top universities expand enrolment to beef up capabilities in AI, strategic areas

The Hindu  

Several of China's top universities have announced plans to expand their undergraduate enrolment to prioritise what they called "national strategic needs" and develop talent in areas such as artificial intelligence. Peking University said on Saturday that it would add 150 undergraduate spots in 2025 to focus on areas of "national strategic importance", fundamental disciplines and "emerging frontier fields". Shanghai Jiao …

AI success signals new tech shift among startups
2 weeks, 1 day ago

AI success signals new tech shift among startups

China Daily  

Fan Feifei As a technology industry reporter for over a decade, I have been closely monitoring the latest developments and trends in the fast-changing tech sector. They told me that the meteoric rise of DeepSeek has showcased China's immense potential in bolstering technological innovation, signaling a profound shift in the global AI landscape. Zhou Hongyi, a member of the 14th …

Investors want a piece of DeepSeek. Its founder says not now.
2 weeks, 2 days ago

Investors want a piece of DeepSeek. Its founder says not now.

Live Mint  

The founder of Chinese artificial-intelligence star DeepSeek has rejected proposals to make quick money from his programs, telling prospective investors that he wants to keep the science-project ethos that brought him global renown. Other internet companies are using the free DeepSeek code to drive their own businesses.Yet founder Liang Wenfeng has told associates he isn’t in a hurry to get …

AI profits are still a mystery to investors. A new IPO filing holds clues.
2 weeks, 2 days ago

AI profits are still a mystery to investors. A new IPO filing holds clues.

Live Mint  

Cloud firms that rent out servers have been some of the early winners in the AI revolution. But there’s a new window into AI cloud growth, thanks to the recent prospectus for the initial public offering of CoreWeave, which is planning to list its stock on the Nasdaq under the symbol CRWV. Now that CoreWeave’s financials for 2022 to 2024 …

Chinese AI is following a familiar playbook. US firms should worry.
2 weeks, 5 days ago

Chinese AI is following a familiar playbook. US firms should worry.

Live Mint  

After Chinese AI company DeepSeek’s surprise success rattled financial markets in late January, tech investors have largely turned their attention to other issues such as tariffs. Leading U.S. AI companies’ business models rest on a central assumption: that developing the most capable models will produce the revenue required to justify massive training costs. Since R1’s release, some analysts have argued …

China announces high-tech fund to grow AI, emerging industries
2 weeks, 6 days ago

China announces high-tech fund to grow AI, emerging industries

CNN  

Hong Kong CNN — Fresh off the global success of DeepSeek’s latest artificial intelligence reasoning model, China’s top economic officials have vowed to set up a state-backed fund to support technological innovation. The “state venture capital guidance fund” will focus on cutting-edge fields such as artificial intelligence, quantum technology and hydrogen energy storage, Zheng Shanjie, head of China’s state economic …

China says it will increase support for AI, science and tech innovation
3 weeks ago

China says it will increase support for AI, science and tech innovation

The Hindu  

China said on Wednesday it would boost support for the application of artificial intelligence models and the development of venture capital investment, in a bid to foster more technology breakthroughs and become more self-reliant. The country wants to foster "industries of the future" including biomanufacturing, quantum technology, embodied AI and 6G technology, the report said. To do so, China plans …

AI firm Anthropic valued at $61.5 billion in funding round
3 weeks, 1 day ago

AI firm Anthropic valued at $61.5 billion in funding round

The Hindu  

Anthropic on Monday announced it has raised $3.5 billion in a funding round that valued the artificial intelligence startup at $61.5 billion. The funding round was led by Lightspeed Venture Partners, and the list of those taking part included Salesforce Ventures, Fidelity Management, and Bessemer Venture Partners, according to Anthropic. Along with Claude 3.7 Sonnet, the San Francisco-based company made …

Donald Trump’s ‘investment announcement’ coming at 12:00 am IST—What could it be?
3 weeks, 1 day ago

Donald Trump’s ‘investment announcement’ coming at 12:00 am IST—What could it be?

Live Mint  

US President Donald Trump is set to make an "investment announcement" at 1:30 p.m. TSMC’s growing investment in the US TSMC has been ramping up its US semiconductor production: In April, the company increased its planned U.S. investment to $65 billion, adding a third factory in Arizona by 2030. Major tech investments since Trump's return to office Since Trump's second …

China tells its AI leaders to avoid US travel over security concerns
3 weeks, 2 days ago

China tells its AI leaders to avoid US travel over security concerns

Live Mint  

BEIJING—Chinese authorities are instructing top artificial-intelligence entrepreneurs and researchers to avoid visiting the U.S., people familiar with the matter said, reflecting Beijing’s view of the technology as an economic and national security priority. People in the tech industry said there was no outright ban on travel but rather guidance from authorities in China’s biggest technology hubs including Shanghai, Beijing and …

China's DeepSeek claims theoretical cost-profit ratio of 545% per day
3 weeks, 2 days ago

China's DeepSeek claims theoretical cost-profit ratio of 545% per day

The Hindu  

Chinese AI startup DeepSeek on Saturday disclosed some cost and revenue data related to its hit V3 and R1 models, claiming a theoretical cost-profit ratio of up to 545% per day, though it cautioned that actual revenue would be significantly lower. The sell-off was partly caused by DeepSeek's claims that it spent less than $6 million on chips used to …

BGMI-maker Tencent's latest AI model to compete with China's DeepSeek
3 weeks, 5 days ago

BGMI-maker Tencent's latest AI model to compete with China's DeepSeek

Hindustan Times  

Chinese multinational firm Tencent has launched a new AI model to compete with DeepSeek's R1 AI model. DeepSeek launching its AI model had created waves in the global tech industry and had led to a massive rout in tech stocks globally. Tencent's AI model will rival China's Deepseek, which made waves in the global technology industry after its launch, The …

DeepSeek's breakthrough casts shadow on US tech supremacy
3 weeks, 5 days ago

DeepSeek's breakthrough casts shadow on US tech supremacy

Salon  

The rapid rise of cost-effective AI models produced by DeepSeek has sent shockwaves through Silicon Valley as the China-based startup has done more with less. “China has been catching up in AI for years, and the U.S. response has been to contain that rise, but that alone isn’t a strategy for staying ahead — it’s a temporary stopgap at best,” …

DeepSeek rushes to launch new AI model as China goes all in
1 month ago

DeepSeek rushes to launch new AI model as China goes all in

The Hindu  

DeepSeek is looking to press home its advantage. "The launch of DeepSeek's R2 model could be a pivotal moment in the AI industry," said Vijayasimha Alilughatta, chief operating officer of Indian tech services provider Zensar. DeepSeek's success with a low-cost AI model is based on High-Flyer's decade-long and substantial investment in research and computing power, three people said. For now, …

Anthropic close to $3.5 billion fundraise, sources say
1 month ago

Anthropic close to $3.5 billion fundraise, sources say

The Hindu  

AI startup Anthropic is seeking $3.5 billion in a funding round that would value it at $61.5 billion, two sources familiar with the matter told Reuters on Monday. The startup behind the Claude chatbot could receive backing from venture firms Lightspeed Venture Partners, General Catalyst and Bessemer Venture Partners, the sources said. The funding round would be larger than the …

DeepSeek a wake-up call for global AI industry
Trending News
1 month ago

DeepSeek a wake-up call for global AI industry

China Daily  

The DeepSeek logo is seen in this illustration taken Jan 27, 2025. Compare that to the over $100 million routinely spent by the leading US companies, and the implications become clear: China is not just building AI capability, rather it is doing it in a smarter way. For too long, the conversation around China's AI progress has been framed in …

AI trends transforming industrial development
1 month ago

AI trends transforming industrial development

China Daily  

By Shao Xinying | chinadaily.com.cn | Updated: 2025-02-25 10:33 The DeepSeek app is seen in this illustration taken on Jan 29, 2025. In just one month, every link in the AI industry chain — from hardware suppliers to software developers to end users — has rapidly shifted, leading to far-reaching industrial transformation, with domestic tech companies such as Alibaba and …

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate
1 month ago

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate

Firstpost  

Alibaba’s cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in the last quarter. AI-related product revenue has surged for six consecutive quarters, recording triple-digit growth Alibaba has been experiencing a rapid surge in demand for AI-powered solutions, with Wu revealing that since the Chinese New Year, approximately 60-70% of new demand …

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate
1 month ago

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate

Firstpost  

Alibaba’s cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in the last quarter. AI-related product revenue has surged for six consecutive quarters, recording triple-digit growth Alibaba has been experiencing a rapid surge in demand for AI-powered solutions, with Wu revealing that since the Chinese New Year, approximately 60-70% of new demand …

China's Alibaba to invest $50 bn in AI, cloud computing
1 month ago

China's Alibaba to invest $50 bn in AI, cloud computing

New Indian Express  

BEIJING: Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting President Xi Jinping. Investors have piled into Chinese technology stocks since the start of the year, with Alibaba -- which runs some of the country's biggest …

Chinese AI companies celebrate DeepSeek, shrug off global curbs
1 month ago

Chinese AI companies celebrate DeepSeek, shrug off global curbs

Raw Story  

by Jing Xuan TENG Chinese tech companies shrugged off foreign scrutiny of upstart chatbot maker DeepSeek, telling AFP on Friday they were confident the country's tech startups would make more gains in the global artificial intelligence race. "In the past few years, China has faced all sorts of restrictions from the U.S.," Sun Dasheng, an employee of AI server maker …

DeepSeek a breakthrough but bottlenecks remain
1 month ago

DeepSeek a breakthrough but bottlenecks remain

China Daily  

China Daily | Updated: 2025-02-21 08:19 The DeepSeek logo is seen in this illustration taken Jan 27, 2025. At the same time, DeepSeek has adopted a completely open source strategy, disclosing algorithms, model weights and training details, so that global developers can learn from, improve and deploy models. From a domestic perspective, the entire industry chain of China's AI development …

China’s Alibaba sees revenue surge on back of artificial intelligence, e-commerce
1 month ago

China’s Alibaba sees revenue surge on back of artificial intelligence, e-commerce

Associated Press  

HONG KONG — Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in more than a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in China. In an earnings call, Alibaba CEO Eddie Wu said that Alibaba plans to “aggressively invest” in artificial intelligence and cloud computing infrastructure in the coming three years, with …

DeepSeek's rise heralds seismic change in AI landscape
1 month, 1 week ago

DeepSeek's rise heralds seismic change in AI landscape

China Daily  

SONG CHEN/CHINA DAILY Competition is heating up in the fast-developing artificial intelligence sector as the emergence of startup DeepSeek underscores China's growing innovation capacities in cutting-edge technology, signaling a profound shift in the global AI landscape, experts said. Leading Chinese cloud computing companies, including Alibaba Cloud, Baidu AI Cloud, Tencent Cloud and Huawei Cloud, as well as China's three largest …

DeepSeek's rise heralds seismic change in AI landscape
1 month, 1 week ago

DeepSeek's rise heralds seismic change in AI landscape

China Daily  

By FAN FEIFEI | CHINA DAILY | Updated: 2025-02-19 07:20 SONG CHEN/CHINA DAILY Competition is heating up in the fast-developing artificial intelligence sector as the emergence of startup DeepSeek underscores China's growing innovation capacities in cutting-edge technology, signaling a profound shift in the global AI landscape, experts said. Leading Chinese cloud computing companies, including Alibaba Cloud, Baidu AI Cloud, Tencent …

DeepSeek's rise heralds seismic change in AI landscape
1 month, 1 week ago

DeepSeek's rise heralds seismic change in AI landscape

China Daily  

By FAN FEIFEI | CHINA DAILY | Updated: 2025-02-19 07:20 SONG CHEN/CHINA DAILY Competition is heating up in the fast-developing artificial intelligence sector as the emergence of startup DeepSeek underscores China's growing innovation capacities in cutting-edge technology, signaling a profound shift in the global AI landscape, experts said. Leading Chinese cloud computing companies, including Alibaba Cloud, Baidu AI Cloud, Tencent …

Intel announces launch of 'AI for Entrepreneurship' micro-learning module for Indian innovators
1 month, 1 week ago

Intel announces launch of 'AI for Entrepreneurship' micro-learning module for Indian innovators

Deccan Chronicle  

New Delhi: The ministry of skill development & entrepreneurship and American chip maker Intel on Monday announced the launch of 'AI for Entrepreneurship' micro-learning module for young innovators across India, aiming to skill 1 lakh youth through the programme. The National Skill Development Corporation, a public-private partnership organisation under the administrative control of the ministry of skill development & entrepreneurship, …

AI Beyond Chatbots: How Artificial Intelligence Is Changing Society
1 month, 1 week ago

AI Beyond Chatbots: How Artificial Intelligence Is Changing Society

The Hindu  

Published : Feb 13, 2025 14:58 IST - 1 MIN READ On the last weekend of January, a little-known Chinese company upended the tech world’s established order. DeepSeek, a Hangzhou-based artificial intelligence startup, rattled Silicon Valley giants and sent shockwaves through global markets after releasing its AI assistant. By the end of the weekend, the AI assistant had topped the …

Google’s ex-CEO Eric Schmidt urges open source AI models as DeepSeek looms
1 month, 1 week ago

Google’s ex-CEO Eric Schmidt urges open source AI models as DeepSeek looms

The Hindu  

Former Google CEO Eric Schmidt called for the development of open-source AI models, as U.S.-based AI firms reassess their model development plans following the entry of China’s DeepSeek R1, which was developed at a fraction of its rivals’ costs. Schmidt warned that unless action was taken, China would ultimately become an “open-source leader” while the rest of the world would …

Apple picks Alibaba to launch AI features in China
1 month, 1 week ago

Apple picks Alibaba to launch AI features in China

CNN  

Hong Kong CNN — Apple will work with Chinese tech giant Alibaba to roll out AI services in the world’s biggest market for mobile phones, in a move that removes months of uncertainty for the Cupertino-based firm. It said Apple also considered other Chinese AI firms like DeepSeek, Baidu, ByteDance and Tencent before ultimately selecting Alibaba. Lucas Zhong, research analyst …

AI to get more expensive to build but significantly cheaper to use: Sam Altman
1 month, 2 weeks ago

AI to get more expensive to build but significantly cheaper to use: Sam Altman

Firstpost  

Altman explained that gains in AI performance still depend on substantial investments in training and infrastructure. However, he expects the cost for users to access AI services to drop by a factor of ten every year, which could drive widespread adoption Economically, Altman predicts that AGI will drive down the cost of many goods, although prices for luxury items and …

China's tech hub unveils measures to boost innovation
1 month, 2 weeks ago

China's tech hub unveils measures to boost innovation

China Daily  

HANGZHOU -- The eastern Chinese tech city of Hangzhou, home to e-commerce giant Alibaba and rising AI star DeepSeek, has announced a series of measures to further elevate its status as a high-level innovation hub. The measures are aimed at enhancing high-level innovation platforms, promoting the technology transfer and application, and strengthening the role of enterprises as the main drivers …

Amid DeepSeek frenzy, Chinese companies detail use of AI
1 month, 2 weeks ago

Amid DeepSeek frenzy, Chinese companies detail use of AI

The Hindu  

Chinese automaker Great Wall Motor and China's leading telecoms providers are integrating the AI model released by DeepSeek into their offerings, the latest Chinese companies looking to capitalise on the start-up's breakthrough and attention. Hebei-based Great Wall - China's first listed car maker - confirmed to Reuters it had integrated DeepSeek into its connected vehicle system, which it has branded …

DeepSeek hasn’t just disrupted OpenAI. Chinese tech giants are being upended too
1 month, 2 weeks ago

DeepSeek hasn’t just disrupted OpenAI. Chinese tech giants are being upended too

CNN  

Hong Kong CNN — DeepSeek’s advances have roiled global stock markets and AI players. But the success of DeepSeek’s latest R1 AI model, which is said to be trained at a fraction of the cost of established players like ChatGPT, challenged the assumption that cutting off access to advanced chips could successfully stymie China’s progress. Such is DeepSeek’s fame that …

DeepSeek hasn’t just disrupted OpenAI. Chinese tech giants are being upended too
1 month, 2 weeks ago

DeepSeek hasn’t just disrupted OpenAI. Chinese tech giants are being upended too

CNN  

Hong Kong CNN — DeepSeek’s advances have roiled global stock markets and AI players. But the success of DeepSeek’s latest R1 AI model, which is said to be trained at a fraction of the cost of established players like ChatGPT, challenged the assumption that cutting off access to advanced chips could successfully stymie China’s progress. Such is DeepSeek’s fame that …

AI-native companies are growing fast and doing things differently
1 month, 2 weeks ago

AI-native companies are growing fast and doing things differently

Live Mint  

AI-native companies are born with a capacity to dynamically change and learn from customer data and workflows, potentially becoming as good as a custom app that a client might have commissioned. “Microsoft, or some other company that’s a going concern today, has a way of doing things, and they are like, ‘Can I do this more efficiently?’ " Jared Spataro, …

Chinese companies willing to ramp up AI investment
1 month, 2 weeks ago

Chinese companies willing to ramp up AI investment

China Daily  

By Fan Feifei | China Daily | Updated: 2025-02-07 07:37 Artificial intelligence-aided robots sort products at a logistics center of a garment company in Huzhou, Zhejiang province, on Wednesday. NI LIFANG/FOR CHINA DAILY Chinese companies are accelerating the adoption of generative artificial intelligence, as the cutting-edge disruptive technology presents a significant opportunity for enterprises to boost operational efficiency, remain competitive …

Chinese companies willing to ramp up AI investment
1 month, 2 weeks ago

Chinese companies willing to ramp up AI investment

China Daily  

Artificial intelligence-aided robots sort products at a logistics center of a garment company in Huzhou, Zhejiang province, on Wednesday. The report said that 87 percent of the surveyed Chinese companies plan to ramp up AI investment in 2025 — a year of rapid change — while 58 percent of the interviewed business executives in China feel that their enterprises' AI …

Chinese companies willing to ramp up AI investment
1 month, 2 weeks ago

Chinese companies willing to ramp up AI investment

China Daily  

By Fan Feifei | China Daily | Updated: 2025-02-07 07:37 Artificial intelligence-aided robots sort products at a logistics center of a garment company in Huzhou, Zhejiang province, on Wednesday. NI LIFANG/FOR CHINA DAILY Chinese companies are accelerating the adoption of generative artificial intelligence, as the cutting-edge disruptive technology presents a significant opportunity for enterprises to boost operational efficiency, remain competitive …

Chinese companies willing to ramp up AI investment
1 month, 2 weeks ago

Chinese companies willing to ramp up AI investment

China Daily  

Artificial intelligence-aided robots sort products at a logistics center of a garment company in Huzhou, Zhejiang province, on Wednesday. NI LIFANG/FOR CHINA DAILY Chinese companies are accelerating the adoption of generative artificial intelligence, as the cutting-edge disruptive technology presents a significant opportunity for enterprises to boost operational efficiency, remain competitive and navigate the complex business landscape, according to a new …

Chinese companies willing to ramp up AI investment
1 month, 2 weeks ago

Chinese companies willing to ramp up AI investment

China Daily  

Artificial intelligence-aided robots sort products at a logistics center of a garment company in Huzhou, Zhejiang province, on Wednesday. NI LIFANG/FOR CHINA DAILY Chinese companies are accelerating the adoption of generative artificial intelligence, as the cutting-edge disruptive technology presents a significant opportunity for enterprises to boost operational efficiency, remain competitive and navigate the complex business landscape, according to a new …

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