Amid the U.S. chip sanctions, Chinese artificial intelligence firms, including 01.ai, Alibaba Group Holding Ltd (NYSE:BABA), and ByteDance, are making strides in reducing AI costs.
What Happened: Chinese AI companies, including startups like 01.ai and DeepSeek, and giants like Alibaba, Baidu Inc (NASDAQ:BIDU), and ByteDance, are driving down AI model costs.
They are focusing on smaller data sets, hiring cheaper engineering talent, and optimizing hardware, reported the Financial Times.
These companies have cut “inference” costs—the price to generate responses from AI models—by over 90%, offering much cheaper rates compared to their Western counterparts like OpenAI, the parent company of ChatGPT.
See Also: Trump Campaign’s Snapchat Absence Potentially Gives Harris Edge Among Young Voters
01.ai, led by former Google China head Lee Kai-Fu, has managed …
Full story available on Benzinga.com
Amid the U.S. chip sanctions, Chinese artificial intelligence firms, including 01.ai, Alibaba Group Holding Ltd (NYSE:BABA), and ByteDance, are making strides in reducing AI costs.
What Happened: Chinese AI companies, including startups like 01.ai and DeepSeek, and giants like Alibaba, Baidu Inc (NASDAQ:BIDU), and ByteDance, are driving down AI model costs.
They are focusing on smaller data sets, hiring cheaper engineering talent, and optimizing hardware, reported the Financial Times.
These companies have cut “inference” costs—the price to generate responses from AI models—by over 90%, offering much cheaper rates compared to their Western counterparts like OpenAI, the parent company of ChatGPT.
See Also: Trump Campaign’s Snapchat Absence Potentially Gives Harris Edge Among Young Voters
01.ai, led by former Google China head Lee Kai-Fu, has managed …
Full story available on Benzinga.com
Amid the U.S. chip sanctions, Chinese artificial intelligence firms, including 01.ai, Alibaba Group Holding Ltd (NYSE:BABA), and ByteDance, are making strides in reducing AI costs.
What Happened: Chinese AI companies, including startups like 01.ai and DeepSeek, and giants like Alibaba, Baidu Inc (NASDAQ:BIDU), and ByteDance, are driving down AI model costs.
They are focusing on smaller data sets, hiring cheaper engineering talent, and optimizing hardware, reported the Financial Times.
These companies have cut “inference” costs—the price to generate responses from AI models—by over 90%, offering much cheaper rates compared to their Western counterparts like OpenAI, the parent company of ChatGPT.
See Also: Trump Campaign’s Snapchat Absence Potentially Gives Harris Edge Among Young Voters
01.ai, led by former Google China head Lee Kai-Fu, has managed …Full story available on Benzinga.com Read More01.AI, artificial intelligence, BABA, benzinga neuro, BIDU, ByteDance, ChatGPT, Consumer Tech, DeepSeek, News, NVDA, OpenAi, Stories That Matter, Tech, Media, BIDU, US0567521085, NVDA, US67066G1040, BABA, News, Tech, Media, Benzinga News
