China floods the world with AI models after DeepSeek’s success

China floods the world with AI models after DeepSeek’s success
Chinese companies are disrupting the global AI market. (Image: Depositphotos)
Bloomberg
By Saritha Rai and Yazhou Sun,with assistance from Claire Che, Luz Ding and Amy ThomsonSince DeepSeek upstaged OpenAI in January with a powerful model that purportedly cost just several million dollars to build, China’s tech leaders have flooded the market with a rapid succession of low-cost AI services, undercutting premium offerings from the likes of OpenAI and Google. Chinese companies have in the past two weeks rolled out no fewer than 10 major product updates or releases – and that’s just the big names.Baidu unfurled...

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