China fears valuation bubble in AI stocks
The ChatGPT concept sector has “signs of a valuation bubble,” with many companies having made little progress in developing the technology, the Economic Daily wrote in a commentary Monday.
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The ChatGPT concept sector has “signs of a valuation bubble,” with many companies having made little progress in developing the technology, the Economic Daily wrote in a commentary Monday.
By Wang Zheng Beijing-based autonomous driving startup QCraft recently launched an advanced autopilot solution based on the Journey 5 processor developed by Horizon Robotics, a leader in computing solutions for intelligent vehicles. The solution, called QCraft Chengfeng, can handle a wide range of complex urban traffic scenarios with higher-level assisted…
SCMP – China’s tech firms are scrambling to woo Chinese artificial intelligence (AI) experts from abroad – especially those at OpenAI, the United States (US) start-up behind ChatGPT – to help create their own chatbots, according to industry insiders and recruitment agencies. ChatGPT, which is capable of generating human-like responses to complex questions, has taken […]
Chinese tech companies are ramping up efforts to make a foray into the fast-growing artificial intelligence-generated content sector and roll out AI-powered chatbots or products similar to ChatGPT, which has taken the world by storm since its launch in November due to its advanced conversational capabilities.
The fast and furious rally in China’s ChatGPT shares looks set to fade as tech firms caution they’re nowhere close to turning a profit in this field.