Posted 10/20/2023, 4:13:00 AM
Chinese Tech Giants Invest in Local AI Startup Zhipu Amid ChatGPT Rivalry
- Alibaba and Tencent join $340M funding round for AI startup Zhipu
- Zhipu is trying to build a Chinese rival to ChatGPT
- Chinese tech giants and investors pouring billions into AI startups
- Zhipu one of the first Chinese firms approved for public AI rollout
- AI race has broader implications beyond tech, including government and military uses
- US tightening restrictions on Chinese access to advanced AI chips
