Source: Tech – South China Morning PostA price war is unfolding in China’s crowded artificial intelligence sector as companies cut rates or dangle promotions at a pivotal moment when falling costs and converging model capabilities are ratcheting up the competitive pressure, according to analysts.
TikTok parent ByteDance and Shenzhen-based video gaming giant Tencent Holdings are the latest to launch AI price offensives.
“China’s AI model landscape is vibrant and intensely competitive, with limited capability gaps across incumbents,”…Read More