China greenlights domestic ChatGPT-style products by Baidu and other companies.
Chinese Tech Firms Launch AI Products as China Accelerates Deployment
By Josh Ye and Urvi Manoj Dugar
At least three Chinese tech firms, including Baidu, Baichuan Intelligent Technology, and Zhipu AI, are set to launch their artificial intelligence (AI) products after receiving government approval. This move comes as China ramps up its efforts to accelerate AI deployment.
Baidu, China’s leading online search provider, announced that its AI chatbot Ernie Bot, similar to ChatGPT, will be fully accessible to the general public. Additionally, two AI startups, Baichuan Intelligent Technology and Zhipu AI, will officially launch their chatbots on Thursday. All three companies have obtained government approval for their products.
Baidu’s shares saw a 4.5% increase in early trading in Hong Kong.
Unlike in Western countries where AI products can be launched without regulatory approval, China requires companies to undergo security assessments and obtain clearance before releasing mass-market AI products.
Chinese authorities have recently intensified efforts to support AI development as it becomes a key focus of competition with the U.S.
According to Chinese media reports, a total of 11 firms, including ByteDance (the maker of TikTok) and SenseTime Group, have received government approvals. However, neither company has responded to requests for comment. SenseTime’s shares rose by about 4% in Hong Kong after the market opened.
The regulatory approvals were widely anticipated following the implementation of interim rules by China on August 5th, aimed at regulating generative AI products for the public.
Prior to these rules, companies were only allowed to conduct small-scale public tests of AI products. However, with the new regulations, companies have expanded their AI product tests by incorporating more features and engaging in increased marketing efforts.
(Reporting by Urvi Dugar and Jyoti Narayan in Bengaluru; Josh Ye in Hong KongEditing by Tomasz Janowski and Richard Chang)
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