Zhipu AI

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Chinese AI start-up Moonshot cuts LLM feature price amid fierce domestic competition

Chinese artificial intelligence (AI) firm Moonshot AI has halved the price of a new feature on its Kimi large language…

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Tech

Chinese AI firms fight to stand out from rivals in text-to-video market

Chinese firms from start-up Zhipu AI to tech giant ByteDance have rushed to launch artificial intelligence (AI) video-generation tools in…

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Tech

TikTok owner ByteDance revs up nascent market for Sora-style services with Jimeng AI app

A screenshot of sample videos generated by ByteDance’s Jimeng artificial intelligence service from a mainland app store. Photo: SCMP The…

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Tech

China’s AI-related companies total 1.67 million in first half of 2024 amid ChatGPT frenzy

Mainland China added more than 237,000 new companies involved in artificial intelligence (AI) during the first half of this year,…

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Tech

Tech war: China narrows AI gap with US despite chip restrictions

China is narrowing the artificial intelligence (AI) gap with the US through rapid progress in deploying applications and state-backed adoption…

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Tech

Sora finds a new rival in China as start-up Shengshu AI rolls out text-to-video tool

Shengshu said Vidu is able to generate a four-second clip in 30 seconds, according to a statement. That makes it…

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Tech

China drives Asia’s venture capital market with 6 of the top 10 quarterly deals: KPMG

China dominated Asia’s subdued venture capital scene in the second quarter, as state-backed investors poured money into sectors such as…

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New Business

Alibaba sees AI talent depart to start own business amid China’s unicorn boom

Algorithm engineer Zhou Chang, who worked on the Tongyi Qianwen large language models (LLMs), has decided to leave Alibaba’s cloud…

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