China is taking over the AI market: companies announce new developments

A month ago, the news of a new AI-based chatbot called DeepSeek made the rounds. It was claimed that the Chinese application was faster and better than competitors.

Now, Reuters reports that Chinese tech giant Tencent is releasing a new AI-based application that surpasses DeepSeek in all respects. In particular, it is much faster than all existing analogs in the world, the company notes.

Meanwhile, CNBC reports that Alibaba, a world-famous company, is developing its own AI-based application. It is reported that this application, like DeepSeek, will be open source. Therefore, every user can download it and make changes. Amid this news, the company’s shares rose sharply.

The ASIA Times notes that the DeepSeek story is not particularly groundbreaking. However, it is extremely symbolic, as it reflects the amount of money China is investing in the development of artificial intelligence. The journalists write that it is not only about giant companies, but also about a large number of small startups, all of which are aimed at developing new AI applications or bots.