MiniMax is the second of China's so-called 'AI tigers' to go public, the first being Zhipu AI which made its market debut on Thursday, and also saw solid gains on Friday
If the the draft rules are imposed, they would be the first-of-their-kind regulations around AI chatbots from any country in the world
The RTX6000D is being seen as expensive for what it does, especially as its performance lags compared to better Nvidia chips available in China's grey markets
Baidu has struggled to gain widespread adoption for its Ernie LLM, despite claiming performance comparable to OpenAI's GPT-4
Up until the launch of DeepSeek last month, Ernie Bot was widely seen as the closest Chinese rival to ChatGPT
Apple chose Alibaba partly due to the e-commerce giant’s vast troves of personal data on users' shopping and payment habits, which could help train AI models
Researchers say the TikTok owner's planned spending on computing power 'will drive progress' in China’s artificial intelligence industry
China is scrambling to keep its technology ambitions on track amid rising trade tensions with the US and other western nations
The plan comes as no surprise considering US officials, such as Commerce Secretary Gina Raimondo, have said Chinese tech presents national security risks
Interest in local Chinese partnerships comes at a time when foreign carmakers are quickly losing share in the world’s biggest car market
Research firm Canalys expects that 5% of smartphones shipped globally in 2024, or 60 million smartphones will be AI-capable
China's Alibaba and Tencent have reportedly told Nvidia that they will be switching to domestic firms such as Huawei for some advanced chip orders