Global ChatGPT fever hits China even though service is not yet available

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Global ChatGPT fever hits China even though service is not yet available
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Chinese firms have also promised to launch rival solutions or update existing AI projects. Read more at straitstimes.com.

or providing updates on their existing artificial intelligence projects.

Investors have bought into the AI chatbot frenzy as well, with the stock prices of AI companies such as Beijing Deep Glint Technology, CloudWalk Technology, and Hanwang Technology soaring as much as 60 per cent earlier in February. The hype hit a point that prompted Securities Times, a state-owned financial newspaper, to say in a front-page editorial on Feb 8 that “some companies are riding on the ChatGPT fervour, just like previous waves such as 5G and augmented and virtual reality technologies”, which have ebbed with time.

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