China’s AI industry faces shakeout, leaving only a dozen top tier LLMs, expert says

China’s AI industry faces shakeout, leaving only a dozen top tier LLMs, expert says

China’s artificial intelligence (AI) industry is entering a rapid period of consolidation after large language model (LLM) development mushroomed last year, industry experts said. “[LLM competition] has entered the finals this year,” Alex Zhou, managing partner of Qiming Venture Partners, said at the Future Tech Summit 2024, held by Hong Kong Exchanges and Clearing (HKEX) … Read more