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China’s crowded and closed generative AI market is facing a shakeout, analysts say

SCMP LogoSCMP4d ago

China’s crowded and closed generative AI market is facing a shakeout, analysts say - SCMP

Quick Summary:

The US-China tech war, focused on chips and AI, is driving a split between the tech ecosystems of the two countries.

In China, at least 100 large language models (LLMs) are jostling for attention and revenues.“The list of companies capable of continuing this expensive undertaking will become shorter,” Su said.

Su said this requirement sets a higher bar for companies wanting to compete in the sector, and that the market will consolidate with smaller players being pushed out.


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Article Details

Author / Journalist: Che Pan

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 20:00:12 (4 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 173 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23428361

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Main Topics: Technology

Official Website: scmp.com

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 days ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #41

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