OpenAI competitors from China: Alibaba, Bytedance, Tencent, and others vie for a 'winner-take-all' AI market
OpenAI faces tough competition in the US as Google, Amazon, and countless startups that have sprung up in the AI boom race to implement AI offerings. China is emerging as a serious contender with the country's largest tech companies developing their own large language models, the underlying technology that powers ChatGPT, and similar tools.
Chinese companies' FOMO is showing as a range of internet and software providers cobble together offerings but analysts say the competition will narrow in the next year. However, these companies will have to work within the Chinese government'sHere are the top five companies leading China's AI race: Gaming and entertainment giant Tencent announced its ChatGPT-like tool HunyuanAide in February.
The company will also have to reconcile the high cost of investment to develop better AI with its plans to monetize these tools.
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