COUNTRY HEADS CHARGE FOR AI COMPETITIVE EDGE
Domestic tech heavyweights competing with, overtaking industry's global leaders
As the latest tech frontier, the fast development of artificial intelligence is poised to play a pivotal role in driving China's industrial upgrade, experts and business leaders said.
Continuous technological advancements and increased application across a wide range of fields are also expected to give fresh impetus to the country's high-quality economic growth. Multimodal AI-powered large language models, or LLMs, which can process and generate content across multiple modalities — including text, images, audio and video — will lead further development of the AI industry, and bolster the revolution in industries such as computing power, servers and chips, they added.
Meanwhile, Chinese tech companies' investment in state-of-the-art AI technology, which all major economies are scrambling to establish a beachhead in, is experiencing a robust upward trend, with sustained growth projected in the coming years.