Lixue Xia
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China leads US in everyday AI apps but firms are overvalued, experts say
China leads US in everyday AI apps but firms are overvalued, experts say Chinese labs have unveiled new models that trail closely behind those from US peers such as OpenAI and Anthropic in capabilities China holds an edge over the US when it comes to getting artificial intelligence applications into the hands of everyday users, according to tech executives and investors, though they warn that Chinese AI firms are looking increasingly overvalued. China still lagged in computing power but was...