Artificial intelligence
fromTheregister
1 day agoCheap Chinese models are overtaking Anthropic
Anthropic plans to go public in Q4 2026 amid financial struggles and increasing competition from Chinese AI companies.
At Meituan, China's platform for local services, especially known for food delivery, I worked on two AI projects. One was a consumer-facing AI assistant that helps users complete various tasks, including ordering food. The other was a merchant-facing AI agent designed to help businesses manage their daily operations, including handling reservations, managing orders, and supporting routine operational tasks. The main difference between how products are built in China and in the US comes down to the market.
Mad Money host Jim Cramer had some nice things to say about two of China's top tech innovators in a recent episode of the Lightning Round. Notably, he said that Baidu ( NASDAQ:BIDU) and Alibaba ( NASDAQ:BABA) were "good." And while shares of both Chinese AI innovators have gained significant traction over the past year, it's worth mentioning that both names are well off their all-time highs and have since slipped significantly off their recent 52-week highs.