Chinese AI models will slash adoption costs, says Singapore’s GIC
Sovereign wealth fund expects strong growth in Chinese AI companies but is cautious about start-ups
Singapore’s sovereign wealth fund, GIC, anticipates significant expansion for Chinese artificial intelligence firms. The fund is optimistic about the cost-reduction potential of Chinese AI models for widespread adoption. However, GIC is exercising caution regarding AI start-ups.
- GIC expects strong growth from Chinese AI companies.
- Chinese AI models are anticipated to significantly reduce adoption costs.
- GIC is cautious about investing in AI start-ups.
Continue reading https://www.ft.com/content/a8fee922-0b86-4716-bf16-42e81a57bb0b
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