China has stated the country will support leading enterprises in building large artificial intelligence models that can challenge ChatGPT.
The country’s economy and information technology bureau said on Monday.
It statement, Beijing will support key firms in building an open source framework and accelerate the supply of basic data.
The bureau also said that 1,048 core AI companies, which amounts to 29% of the country’s total, were located in Beijing as of October 2022, and that it would look into ways to cultivate talent and conduct research in areas like ethical governance.
Microsoft-backed OpenAI’s chatbot ChatGPT has become the fastest-growing consumer application in history and is rapidly raising awareness in China about how advanced U.S. AI is.
Chinese residents in the country are unable to create OpenAI accounts to access the artificial intelligence-powered chatbot, firms are rushing to integrate the technology into their products and Chinese tech giants such as Baidu and Alibaba Group are gearing up to launch rival services to compete with ChatGPT
Chinese regulators have not said anything so far on ChatGPT but there are warnings on state media has warned about stock market risks amid a frenzy over local ChatGPT-concept stocks.