China Set to Unveil Over 100 AI Tools Similar to DeepSeek Within 18 Months

China is poised for significant AI growth, with former official Zhu Min predicting over 100 innovation breakthroughs in the next 18 months. Speaking at the World Economic Forum, he stated that these advancements will transform the Chinese economy, bolstered by a vast engineering workforce, a large consumer market, and supportive government policies. This surge in AI capabilities intensifies competition with the US, especially after the success of DeepSeek’s cost-effective AI model which has captured global attention. The US views China as a major AI competitor and is restricting access to advanced semiconductor technology for national security reasons. Despite economic challenges and high American tariffs, which could hinder global trade, China’s high-tech sector is projected to contribute nearly 15% to its GDP by 2024, potentially exceeding 18% by 2026. However, the uncertainty surrounding long-term trade agreements with the US adds complexity to the situation.

Source link