A look at some of the recent AI news shows that China is getting more ambitious and trying to catch up with the US in the field of artificial intelligence.
China wants to make AI news by closing the gap with the US
China is known for its interest in AI chips, and is not new to the innovative industry, and this venture has supported the country's development. Relationship with NVIDIA. However, the Asian country cannot boast of having a globally recognized generative AI tool, not even close to OpenAI's ChatGPT. When China is mentioned in AI news, the focus is almost always on the AI chip ecosystem.
Suddenly, China is setting its sights on closing the gap with America's OpenAI in terms of AI tool development. Remember, this market includes top technology companies like Microsoft, Alphabet Inc.'s Google, and Amazon, as well as big tech startups like: human We launched a chatbot a few weeks ago. China is entering a crucial battleground of cutting-edge technology.
Frequency of companies like Google (Gemini), Cognition Labs, etc. (Devin)OpenAI (ChatGPT, sky, voice engine) has deployed multiple generative AI tools, but China is said to be far behind the US, and hopes to change this trend in the future.
In line with this ambition, there has been some debate surrounding China's growing interest in generative AI.
Opinions on China's exploration of generative AI
“Major Chinese companies are benchmarking themselves against ChatGPT, which is an indicator of how well “It shows how far behind we are.”
Jenny Xiao, a partner at San Francisco-based AI VC firm Leonis Capital, also emphasized that only a few companies can support their own large-scale language models (LLMs), given that they are very capital-intensive. For Louis Ma, an AI investor and co-founder of the investment syndicate and podcast TechBuzz China, the country is already at a huge disadvantage in coming up with fundamental models for generative AI.
The United States’ progress in the AI ecosystem, particularly in generative AI, is reflected in the amount of investment the country has registered. In 2023, funding for U.S.-based AI startups accounted for nearly half of the $42.5 billion invested in major AI companies worldwide, according to CB Insights data.
For China to change the AI news landscape, it will need to close the funding gap with many other checklists.
