• 11/26/2024

New AI battle adopts old price war strategy as Chinese tech giants keep start-ups at bay behind the Great Firewall

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The price of AI services in China plummeted in May after ByteDance kicked off a price war by pricing access to its LLMs at 99.8 per cent below GPT-4.

https://www.scmp.com/tech/big-tech/article/3264909/new-ai-battle-adopts-old-price-war-strategy-chinese-tech-giants-keep-start-ups-bay-behind-great?utm_source=rss_feed