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New AI battle adopts old price war strategy as Chinese tech giants keep start-ups at bay behind the Great Firewall

The price of AI services in China plummeted in May after ByteDance kicked off a price war by pricing access to its LLMs at 99.8 per cent below GPT-4. ....

Sheji , Jiangxi , China , Taiwan , Washington , United-states , Wang-sheng , Hubei , Zhao-chong , Anhui , Baichuan , T-ai-chung

Alibaba emerges as major backer of high-flying Chinese start-up Moonshot AI

Alibaba emerges as major backer of high-flying Chinese start-up Moonshot AI
scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.

Zhipu , Zhejiang , China , Shanghai , Chinese , Eddie-wu-yongming , Tongyi-qianwen , Tencent-holdings , South-china-morning-post , San-francisco-based , Beijing-based-baichuan , Shanghai-based-minimax

Nation ranks 2nd for new unicorns in '23

Nation ranks 2nd for new unicorns in '23
chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.

Suzhou , Jiangsu , China , Hangzhou , Zhejiang , Anhui , Beijing , Huadu , Hurun , Guangxi , Guangdong , Jilin

Where does India stand on the global unicorn list?

Where does India stand on the global unicorn list?
firstpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstpost.com Daily Mail and Mail on Sunday newspapers.

Shanghai , China , India , United-kingdom , Singapore , Hurun , Guangxi , United-states , Beijing , Germany , Rupert-hoogewerf , Anas-rahman-junaid

Labor market benefits from robust services sector in Q1

China’s job market has been boosted by a robust rebound in services consumption as well as the rise of artificial intelligence (AI) in the first quarter, industry reports showed. ....

Shenyang , Liaoning , China , Shanghai , Beijing , Chinese , Li-changan , Zhilian-zhaopin , National-bureau-of-statistics , Northeast-china , Liaoning-province , Global-times