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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
#BaichuanAI CEO Wang Xiaochuan believes that the essence of this round of #pricecuts by major companies is that cloud providers are entering a new battlefield. #China https://t.co/k6x6cHktbJ
Chinese tech companies such as Tencent, Alibaba and ByteDance aim to release new LLMs and cut fees for application programming interface access. Industry insiders said this is primarily of interest to developers, but it's also a bellwether for future consumer options.… https://t.co/SfcjQvsFGc
iFlytek enters China's AI language model price war https://t.co/q9zG0C2dpg https://t.co/S1KM53v6a0
Chinese tech companies like $BIDU, $BABA, and $Bytedance are engaging in a price war in the AI market by offering their large language models for free or at significantly reduced prices. This move has led to discounts of up to 100%, signaling intense competition and potential challenges for data center expansion.