EconomyLens.com
No Result
View All Result
Friday, April 24, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

China’s top AI players

Andrew Murphy by Andrew Murphy
April 24, 2026
in Other
Reading Time: 8 mins read
A A
0
20
SHARES
250
VIEWS
Share on FacebookShare on Twitter

Chinese startup DeepSeek has released a new artificial intelligence model with "drastically reduced" costs . ©AFP

Beijing (AFP) – China’s artificial intelligence boom is in full swing, with the release of a new large language model (LLM) by top startup DeepSeek on Friday highlighting the country’s rapid progress despite US export restrictions on advanced microchips. Here’s a look at the companies, big and small, driving China’s AI ambitions:

Related

Oil extends gains, stocks sink as peace talk hopes fade

‘Stigmatized’ or ‘sustainable’? Vintage sales boost sees fur return

YouTube offers deepfake detection to Hollywood

Canada not as reliant on US economy as some think: Carney

Warner Bros. Discovery shareholders back sale to Paramount Skydance

– **Legacy players** – Chinese internet giants Baidu, Alibaba, and Tencent are racing to invest in AI, using existing vast user bases and cloud infrastructure to their advantage. Search engine provider Baidu, sometimes called China’s Google, has been a vocal proponent of the potential of AI in the country for over a decade. Although it has recruited prominent AI researchers and its “Ernie” tool was one of the country’s first AI chatbots, Baidu’s fortunes have remained tied to its massive search and online marketing business.

Alibaba, the e-commerce behemoth behind shopping platforms like Taobao, is known for its open-source “Qwen” AI models — popular with programmers worldwide because they can be freely customised. The Qwen chatbot mobile app had more than 200 million monthly active users in January, according to AI ranking site AICPB. Top gaming and social media firm Tencent, which launched an AI model in 2023 and a chatbot the following year, is seen as a cautious player. Tencent’s founder, Pony Ma, recently vowed to increase investment in AI, reportedly calling it “the only field worth investing in” in January.

– **Beyond TikTok** – ByteDance, the Chinese company behind TikTok, is increasingly shifting its focus to AI as pressure on its overseas social media business intensifies. And it is going well: Doubao, ByteDance’s AI chatbot, is the most popular of its kind in China, with over 100 million daily active users. This year, the firm’s slick AI video generator, SeeDance 2.0, raised concerns over copyright and potential future job losses with its cinematic-looking clips created using just simple prompts.

– **China’s AI hero** – Startup DeepSeek started life in 2023 as a side project of a data-driven hedge fund, but shook up the global AI scene with its “R1” model in January 2025. DeepSeek’s low-cost, high-performance R1 chatbot challenged assumptions of US dominance in what some have called the “Sputnik moment” for AI. Its open-source approach has galvanised the country’s AI industry and accelerated the global diffusion of Chinese models. Its newest V4 model, released Friday, promises performance similar to leading closed-source models at lower cost, according to the company.

DeepSeek-V4 features an ultra-long context of one million tokens and 1.6 trillion parameters for the Pro version — measures that determine how much input the model can absorb and its decision-making ability. “In world knowledge benchmarks, DeepSeek-V4-Pro significantly leads other open-source models and is only slightly outperformed by the top-tier closed-source model, (Google’s) Gemini-Pro-3.1,” DeepSeek said in a statement on Friday.

– **Startup ‘tigers’** – The startups Zhipu AI, MiniMax, and Moonshot AI are nicknamed China’s “AI tigers” — challenging legacy tech giants on AI foundation model research. Zhipu AI emerged from the prestigious Tsinghua University and was initially known for its strong focus on computing research. The firm is a major provider of chatbot tools to Chinese businesses, and the performance of its latest “GLM-5” model impressed developer communities. MiniMax targets the consumer market with its multimedia tools, from AI companions to video generators.

Both Zhipu and MiniMax saw their stock prices soar when they went public in Hong Kong in January, but both have also faced challenges. A year ago, Washington put Zhipu on its export control blacklist over national security concerns, while Disney and other US entertainment outfits are suing MiniMax for copyright infringement. Moonshot AI’s Chinese name, Yue Zhi Anmian, pays tribute to Pink Floyd’s album “The Dark Side of the Moon”, reflecting the rock music passion of its co-founder Yang Zhilin. Its latest offering, “Kimi K2.5”, is one of the most popular AI models on developer platform OpenRouter. Kimi K2.5’s success is reflected in the company’s revenues. Moonshot AI reportedly earned its 2025 full-year revenue in just weeks since its launch.

© 2024 AFP

Tags: artificial intelligenceChinatechnology
Share8Tweet5Share1Pin2Send
Previous Post

Possible Trump rescue of Spirit Airlines spurs debate

Next Post

Chinese EV makers take centre stage at world’s biggest auto show

Andrew Murphy

Andrew Murphy

Related Posts

Other

Stocks mostly fall as US-Iran peace talks stall and oil prices rise

April 23, 2026
Other

Portugal picks Air France-KLM and Lufthansa to make offers for TAP

April 23, 2026
Other

Iran economy looks set to withstand US naval blockade

April 23, 2026
Other

EssilorLuxottica sales slide as investors turn wary of AI glasses

April 23, 2026
Other

South Korea’s Samsung workers rally in thousands as strike looms

April 23, 2026
Other

South Korea e-commerce probe opens rift in US ties

April 23, 2026
Next Post

Chinese EV makers take centre stage at world's biggest auto show

Musk says Tesla has started 'robotaxi' production

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

97

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Musk says Tesla has started ‘robotaxi’ production

April 24, 2026

Chinese EV makers take centre stage at world’s biggest auto show

April 24, 2026

China’s top AI players

April 24, 2026

Possible Trump rescue of Spirit Airlines spurs debate

April 24, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.