DeepSeek and AI: Inside China's Artificial Intelligence Industry in Hangzhou That Has Rocked Silicon Valley and Firms Like OpenAI
Australian Financial Review
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Details
- Date Published
- 17 Feb 2025
- Priority Score
- 3
- Australian
- No
- Created
- 8 Mar 2025, 01:04 pm
Description
On the shores of Hangzhou’s West Lake, emerging companies backed by massive state support are aiming for artificial intelligence domination.
Summary
The article explores the rapid development of China's AI industry, particularly in Hangzhou, where companies known as the 'six little dragons' are competing with Silicon Valley's technological dominance. It highlights the substantial state support these companies receive, which underscores China's strategic focus on advancing AI capabilities. This strategic movement is significant for global AI safety and governance, as it presents potential shifts in technological leadership that could impact AI safety frameworks worldwide. The advancements in AI coming from Hangzhou may influence global policy discussions on AI governance and regulation, making it an important piece in understanding international AI safety strategy.
Body
Jessica SierNorth Asia correspondentFeb 17, 2025 – 1.00pmSaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginOn the shores of scenic West Lake in China’s Hangzhou, companies dubbed the “six little dragons” are quietly working to upend America’s so-called supremacy of artificial intelligence.Already known as the home oftech giant Alibaba, the Chinese city is now emerging as ground zero in the race for dominance of AI. The AI start-ups, and many others acoss China, are working to beat Silicon Valley at their own game by developing next-generation models of the emerging technology.Loading...SaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginLicense articleFollow the topics, people and companies that matter to you.Find out moreRead MoreAIInside ChinaJessica SierNorth Asia correspondentJessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics.Connect withJessicaonTwitter.EmailJessicaatjessica.sier@afr.comFetching latest articlesOlympic weightlifting is hard. This boss uses the 1pc rule to get it doneLucy DeanOut-of-control watch price rises give housing a run for its moneyKnow your craft: How the biggest airlines rate at the pointy endJun Bei Liu: How I learnt to speak upSally Patten and Lap PhanThe four actor ‘tricks’ giving executives more confidence‘We’ll fight’: Alex Waislitz on family battles and bad betsA last-chance tote bag and a groovy case for trumpetersEugenie KellyThis machine can bring out the creative streak you never knew you hadThis data-driven wellness retreat is a haven for high-flyersBillionaire Nicola Forrest appoints UBank boss to run family officePrimrose RiordanVictor Smorgon’s star fundie eyes 50pc returns for new fundForrest family powerbroker had alleged role in big Fortescue decisions