The call comes amid a Chinese government drive to revitalise the economy by cultivating “new quality productive forces”.

South China Morning Post

Hong Kong

China needs to harness the power of AI to transform its finance sector, former central banker says

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Chinese AI models are already hugely popular and are keeping pace with — and even surpassing — some U.S. rivals, industry experts told CNBC.

CNBC

Roberts family

United States

China wants to dominate in AI — and some of its models are already beating their U.S. rivals

Zhipu AI, a leading Chinese large model player, announced on Tuesday that it has secured 3 billion yuan ($420 million) in its latest fundraising, marking a significant vote of confidence from investors in Chinese large models amid intensifying global AI race.

Ecns

Central Committee of the Chinese Communist Party

China

Chinese large model player Zhipu AI raises $420 mln

China's efforts to lead the artificial intelligence (AI) sector are starting to bear fruit, with experts and technology analysts claiming that Chinese AI models are already rivaling —...

Os esforços da China para liderar o setor da inteligência artificial (IA) estão a começar a dar frutos, com especialistas e analistas tecnológicos a afirmarem que os modelos chineses de IA já rivalizam –...

China quer dominar a IA! E alguns dos seus modelos já vencem os rivais americanos

Sapo

Portugal

China wants to dominate AI! And some of their models already beat their American rivals

China's attempts to dominate the world of artificial intelligence could be paying off, with industry insiders and technology analysts telling CNBC that Chinese AI models are already hugely popular and are keeping pace with — and even surpassing — those from the U.S. in terms of performance.
AI has…

BizToc

China is focusing on large language models (LLMs) in the artificial intelligence space. Blackdovfx | Istock | Getty ImagesChina's attempts to dominate the world of artificial intelligence could be paying off, with industry insiders and technology analysts telling CNBC that Chinese AI models are already hugely popular and are keeping pace with — and even surpassing — those from the U.S. in terms of performance.AI has become the latest battlegroun…

Jingletree

China is focusing on large language models (LLMs) in the artificial intelligence space.  Blackdovfx | Istock | Getty Images    
China’s attempts to dominate the world of artificial intelligence could be paying off, with industry insiders and technology analysts telling CNBC that Chinese AI models are already hugely popular and are keeping pace with — and even surpassing — those from the U.S. in terms of performance. AI has become the latest batt…

World ABC News

Chinese AI models are popular globally and are beating U.S. rivals in some areas

China needs to utilize advanced AI to revolutionize its financial industry, says ex-PBOC representative This appeal surfaces as the Chinese administration is pushing to recharge the economy by nurturing "new superior productive forces." An ex-vice governor of China's central bank has urged the nation's financial sector to harness the transformative power of budding artificial intelligence (AI) technology. This comes as Beijing aims to foster "ne…

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Former PBOC Official Urges China’s Finance Sector to Utilize Advanced AI for Economic Revitalization

China’s push to lead the global artificial intelligence race appears to be gaining momentum. Analysts and insiders report that Chinese AI models, particularly large language models (LLMs), are achieving competitive benchmarks and, in some cases, outpacing U.S. counterparts in performance and accessibility. The competition in AI has become a focal point of U.S.-China geopolitical tensions, with both nations identifying it as a critical technology…

digitalmarketreports.com

China Aims to Lead AI as Its Models Compete with US Rivals

In August 2023, Alibaba entered into the global AI race with the launch of two large language models (LLMs): Qwen-VL and Qwen-VL-Chat. These models stood out for their ability to process images and engage in advanced conversations. By offering them […] The post China’s AI models challenge U.S. dominance, outperforming U.S. rivals as global AI race heats up first appeared on Tech Startups.

China needs to harness the power of AI to transform its finance sector, former central banker says

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