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Chinese Internet giants, AI start-ups rush to jump on ChatGPT bandwagon
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Baidu CEO Robin Li speaks at the unveiling of Baidu's AI chatbot "Ernie Bot" at an event in Beijing on March 16, 2023.
PHOTO: AFP
Du Zhihang, Zhang Erchi, Qu Yunxu, Liu Peilin, Gu Zhaowei and Denise Jia
BEIJING - When the co-founder of delivery and services giant Meituan, Mr Wang Huiwen, announced in short succession a US$50 million (S$66.5 million) investment to build a Chinese version of ChatGPT and the acquisition of a machine learning start-up, it signalled that China’s artificial intelligence gold rush was well and truly under way.
With the acquisition of Beijing OneFlow Technology, the AI start-up Lightyear Technology joined a growing list of Chinese tech companies, including both industry giants and nascent ventures, to jump on the chatbot bandwagon.
