{"id":368368,"date":"2025-02-14T17:40:33","date_gmt":"2025-02-14T12:10:33","guid":{"rendered":"https:\/\/dripp.zone\/news\/factbox-chinas-ai-firms-take-spotlight-with-deals-low-cost-models-crypto-news\/"},"modified":"2025-02-14T17:44:46","modified_gmt":"2025-02-14T12:14:46","slug":"factbox-chinas-ai-firms-take-spotlight-with-deals-low-cost-models-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/factbox-chinas-ai-firms-take-spotlight-with-deals-low-cost-models-crypto-news\/","title":{"rendered":"Factbox-China\u2019s AI firms take spotlight with deals, low-cost models &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<div id=\"article-index-0\" class=\"storyParagraph\">\n<p> BEIJING &#8211; Alibaba&#8217;s announcement this week that it will partner with Apple to support iPhones&#8217; artificial intelligence services offering in China has again thrust the spotlight on the country&#8217;s AI industry on the heels of DeepSeek. <\/p>\n<\/div>\n<div id=\"article-index-1\" class=\"storyParagraph\">\n<p> Following are some of the prominent AI services and their developers to watch in China. <\/p>\n<\/div>\n<div id=\"article-index-3\" class=\"storyParagraph\">\n<p> Developed by ByteDance, a latecomer to the large language model market, the namesake chatbot is the most popular consumer AI app in China. <\/p>\n<\/div>\n<div id=\"article-index-4\" class=\"storyParagraph\">\n<p> The company&#8217;s latest LLM, Duobao-1.5-pro, was released in January and outperforms ChatGPT&#8217;s GPT-4 in some metrics. <\/p>\n<\/div>\n<div id=\"article-index-5\" class=\"storyParagraph\">\n<p> ByteDance is among the leaders in developing cost-effective LLMs, and its offering is the cheapest available in the market, even more affordable than DeepSeek, according to a Barclays report. <\/p>\n<\/div>\n<div id=\"article-index-6\" class=\"storyParagraph\">\n<p> Duobao-1.5 was priced at only 3% to 4% of GPT-4&#8217;s pricing. <\/p>\n<\/div>\n<div id=\"article-index-7\" class=\"storyParagraph\">\n<p> ByteDance&#8217;s low-cost advantage is attributed to its use of the &#8220;mixture of experts&#8221; framework, which is common among various AI models in China, including those of DeepSeek. <\/p>\n<\/div>\n<div id=\"article-index-9\" class=\"storyParagraph\">\n<p> Developed by e-commerce giant Alibaba, Qwen is the company&#8217;s flagship LLM and chatbot. <\/p>\n<\/div>\n<div id=\"article-index-10\" class=\"storyParagraph\">\n<p> It was released in March 2023 and has been rated among the top-tier in global benchmarks. <\/p>\n<\/div>\n<div id=\"article-index-11\" class=\"storyParagraph\">\n<p> In January, Alibaba releasedQwen 2.5-Max and claimed its functionality surpassed that of highly-acclaimed DeepSeek-V3. <\/p>\n<\/div>\n<div id=\"article-index-12\" class=\"storyParagraph\">\n<p> A strong advocate of open AI development, Alibaba announced in September that many of its AI models would be made open-source. <\/p>\n<\/div>\n<div id=\"article-index-14\" class=\"storyParagraph\">\n<p> Chinese search giant Baidu was among the first in China to launch a ChatGPT equivalent, Ernie Bot. <\/p>\n<\/div>\n<div id=\"article-index-15\" class=\"storyParagraph\">\n<p> Baidu claims its latest model, Ernie 4.0, matches the capabilities of GPT-4. <\/p>\n<\/div>\n<div id=\"article-index-16\" class=\"storyParagraph\">\n<p> On February 14, Baidu announced a plan to make its next-generation LLM, Ernie 4.5, open-source from June 30, a major shift in strategy as competition heats up. <\/p>\n<\/div>\n<div id=\"article-index-18\" class=\"storyParagraph\">\n<p> Tencent released its flagship model Hunyuan in September and launched its chatbot, Yuanbao, in May 2024. <\/p>\n<\/div>\n<div id=\"article-index-19\" class=\"storyParagraph\">\n<p> The company&#8217;s massive user base, acquired through its popular consumer apps like WeChat, gives Tencent a significant potential advantage in pushing out consumer applications in the future. <\/p>\n<\/div>\n<div id=\"article-index-20\" class=\"storyParagraph\">\n<p> Tencent also offers open-source models and advocates for open-source development. Another advantage of Hunyuan is its focus on multi-modality, which includes text, image, and video generation capabilities. <\/p>\n<\/div>\n<div id=\"article-index-22\" class=\"storyParagraph\">\n<p> Zhipu AI developed GLM and claims its latest LLM, GLM4, outperforms GPT-4 in some metrics. <\/p>\n<\/div>\n<div id=\"article-index-23\" class=\"storyParagraph\">\n<p> Initially born out of a Tsinghua University laboratory, Zhipu counts Alibaba, Tencent, and the state-owned fund Zhongguancun Science City Innovation Development among its backers. <\/p>\n<\/div>\n<div id=\"article-index-24\" class=\"storyParagraph\">\n<p> In January, the U.S. Commerce Department placed Zhipu on an export control entity list. <\/p>\n<\/div>\n<div id=\"article-index-26\" class=\"storyParagraph\">\n<p> It was developed by Moonshot, which is backed by the likes of Alibaba, Tencent, and Hongshan. <\/p>\n<\/div>\n<div id=\"article-index-27\" class=\"storyParagraph\">\n<p> Its chatbot Kimi is known for its long-context processing technology and the company claims the model supports two million input tokens, or units of words, for each query. <\/p>\n<\/div>\n<div id=\"article-index-28\" class=\"storyParagraph\">\n<p> On January 20, just two days before DeepSeek released the R1 model, Moonshot unveiled its own reasoning model, Kimi 1.5. <\/p>\n<\/div>\n<div id=\"article-index-30\" class=\"storyParagraph\">\n<p> Minimax is a pioneer among Chinese firms in researching the MoE framework and it open-sourced its most advanced model, MiniMax-01, in January. <\/p>\n<\/div>\n<div id=\"article-index-31\" class=\"storyParagraph\">\n<p> MiniMax was founded in December 2021, well before the AI craze sparked by the launch of OpenAI&#8217;s ChatGPT. It is backed by Alibaba and other prominent investors, including Hongshan, Gaorong Capital, and IDG. <\/p>\n<\/div>\n<div id=\"article-index-32\" class=\"storyParagraph\">\n<p> In addition to LLMs, MiniMax has gained recognition for its social consumer apps, such as Takie and Xingye. <\/p>\n<\/div>\n<div id=\"article-index-34\" class=\"storyParagraph\">\n<p> Similar to DeepSeek, 01.AI has adopted an open-source approach and pioneered the MoE framework. <\/p>\n<\/div>\n<div id=\"article-index-35\" class=\"storyParagraph\">\n<p> The company claims that its models are trained with fewer resources and have a cost-effective advantage, achieving the lowest cost level of LLM inference in the industry, 1\/40 less than GPT-4&#8217;s list price. <\/p>\n<\/div>\n<div id=\"article-index-36\" class=\"storyParagraph\">\n<p> Its founder Kai-Fu Lee, a former head of Google China, said recently in a written interview with Reuters that 01.AI has formed a joint partnership with Alibaba to create a lab focused on continuing the development of LLM technologies. <\/p>\n<\/div>\n<div id=\"article-index-37\" class=\"storyParagraph\">\n<p> The company is backed by companies like Alibaba and Sinovation Ventures. <\/p>\n<\/div>\n<div id=\"article-index-39\" class=\"storyParagraph\">\n<p> Baichuan was founded in April 2023 by a team of former executives from the search engine Sogou, including founder and CEO Wang Xiaochuan, who previously served as the CEO of Sogou. <\/p>\n<\/div>\n<div id=\"article-index-40\" class=\"storyParagraph\">\n<p> The company gained recognition in June 2023 by becoming the first in China to launch an open-source model. <\/p>\n<\/div>\n<div id=\"article-index-41\" class=\"storyParagraph\">\n<p><strong>This article was generated from an automated news agency feed without modifications to text.<\/strong><\/p>\n<\/div>\n<\/div>\n<div id=\"seoText\">\n<p>Catch all the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/technology\">Technology<\/a> News and Updates on Live Mint. Download The <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/apps\">Mint News App<\/a> to get Daily <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/market\/stock-market-news\">Market Updates<\/a> &#038; Live <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/\">Business News<\/a>.<\/p>\n<div class=\"storyPage_marketBcrum__eXb8u\">\n<div class=\"storyPage_bcrumb__3vXRo\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.livemint.com\">Business News<\/a><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/technology\">Technology<\/a><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.livemint.com\/technology\/news\">News<\/a>Factbox-China\u2019s AI firms take spotlight with deals, low-cost models<!-- --><\/div>\n<\/div>\n<p><span class=\"storyPage_more___sgJv\">More<\/span><span>Less<\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING &#8211; Alibaba&#8217;s announcement this week that it will partner with Apple to support iPhones&#8217; artificial intelligence services offering in China has again thrust the spotlight on the country&#8217;s AI industry on the heels of DeepSeek. Following are some of the prominent AI services and their developers to watch in China. Developed by ByteDance, a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":360602,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[746,284,188,183,5603,185,186,27678,1075,187,184,189,150,182,190],"class_list":["post-368368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-alibaba","tag-artificial-intelligence","tag-blockchain-tech","tag-blockchain-technology","tag-chatbot","tag-crypto-technology","tag-cryptocurrency-technology","tag-deepseek","tag-iphones","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/368368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=368368"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/368368\/revisions"}],"predecessor-version":[{"id":368372,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/368368\/revisions\/368372"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/360602"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=368368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=368368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=368368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}