"DeepSeek complements, rather than competes against, existing AI leaders like OpenAI, Anthropic, and Google DeepMind," the Chinese embassy said.
Open-source AI tech has been thrown into the spotlight since Chinese firm DeepSeek rattled global markets in January.
Hong Kong said on Wednesday that it is setting aside $127.67 million to create an artificial intelligence research institute that will conduct research and development.
Chinese internet search giant Baidu will make its advanced AI chatbot services free, as competition heats up among global developers following the surging popularity of startup DeepSeek’s models.
Shares of Baidu slid as much as 8.8% before paring losses to close down 7%. Baidu, with its market value now at HK$252.05 billion ($32.4 billion), was the biggest loser on both the Hang Seng Index and Hang Seng Tech Index.
Hong Kong and Chinese authorities ... offering an AI chatbot competitive with the US's OpenAI's leading model, o1. US to Sell Fighter Jets to India, China's Foreign Ministry: 'Asia-Pacific Not a Geopolitical Playground' China's Foreign Ministry responded ...
Asian stocks were mostly up Friday, on the back of a near-record rally on U.S. stocks as investors paid little attention to U.S. President Donald Trump’s latest tariff threats