Tag: SenseTime

China's MiniMax nears completion of $250m funding to develop a ChatGPT-like solution, with a valuation of $1.2bn, in response to OpenAI's ChatGPT launch.

Alibaba incorporates its LLM Tongyi Qianwen into Tingwu to enhance AI accuracy. The public beta testing automates audio and video summarization.

China Telecom has announced plans to launch their own AI technology to compete with industry giants. CTYun, a cloud unit of China Telecom is piloting their pre-trained large language models, challenging OpenAI's ChatGPT. Alibaba and NetEase are already offering similar AI services, with more tech behemoths such as Tencent, SenseTime, JD.com and ByteDance joining them. Find out more about CTYun's AI offering and the goal of the general manager Hu Zhiqiang.

. This article summarizes the presentation of Microsoft President Brad Smith who mentioned growing concerns of AI replacing jobs, misuse of data, and copyright infringement. Smith mentioned the competition between ChatGPT and Chinese tech companies OpenAI, Microsoft, Google, and BAAI that are advancing in the AI race. He also urged support towards BAAI, who developed Wudao, a deep learning model, and eVolution, an intelligent life sciences platform. Smith has advocated global digital security and national data protection frameworks. Read on to learn more!

OpenAI is in a tight competition with the "Big Five" Chinese tech giants in terms of AI supremacy. Tencent, Alibaba, Baidu, Bytedance and SenseTime are striving to be the 'winner-take-all'. Companies must find monetization points for the materials used for AI technology to achieve a successful return. AI developers must also be conscious of regulations imposed by the Chinese government. Follow Robin Zhu, Bernstein analyst's advice to make a financial return from AI.