Chinese tech firms struggle to keep pace in AI race

Chinese tech firms struggle to keep pace in AI race

Chinese tech giant Alibaba pledged additional resources in order to accelerate development of foundational AI models, after a third top executive left the company amid signs the country’s technological push is facing obstacles. Lin Junyang’s departure followed remarks he made in January arguing Chinese firms were unlikely to catch up to American rivals because they were “stretched thin just meeting delivery demands.” Separately, Baidu, strugglin…