Amid Rivalry With US, China Approves Over 40 AI Models For Public Use In Past 6 Months

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In the past half-year, China has approved over 40 artificial intelligence (AI) models for public use, following the introduction of an approval process. What Happened: The recent surge in AI approvals is part of China’s strategy to rival U.S. AI development. In the latest wave, Chinese regulators endorsed the use of 14 large language models (LLMs), benefiting companies like Xiaomi Corp (OTC:XIACF), 4Paradigm, and 01.AI, as reported by Reuters. The requirement for tech companies to seek regulatory approval before public use of their LLMs was introduced by Beijing in August. This policy undersco…

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