From CNBC: 2024-09-11 04:51:47

At the HICOOL Global Entrepreneur Summit, Kai-Fu Lee discussed the development of Chinese AI models, which may lag behind the U.S., but predicts Chinese AI apps will quickly advance. He believes China will produce the best AI apps globally within the coming years. Major Chinese companies are already investing in AI startups.

Chinese AI expert Kai-Fu Lee suggests that while Chinese AI models may be slightly behind the US, Chinese AI apps will rapidly advance. He predicts that by next year, China will lead in AI app proliferation due to decreased AI model training costs. Major Chinese tech companies like Alibaba and Tencent are already investing in AI startups.

ShengShu Technology introduced a new feature for its text-to-video model to improve portrayal consistency in AI-generated videos. The model, Vidu, enables advertisers to create promotional videos more effectively. Several companies have already shown interest in ShengShu’s services, indicating a growing demand for AI-generated content in advertising.

Read more: China’s AI models lag their U.S. counterparts by 6 to 9 months, says former head of Google China