Chinese internet giants, AI startups rush to jump on ChatGPT bandwagon

Chinese internet giants, AI startups rush to jump on ChatGPT bandwagon

FILE PHOTO: A smartphone with a displayed ChatGPT logo is placed on a computer motherboard in this illustration taken February 23, 2023. REUTERS/Dado Ruvic/Illustration

When Wang Huiwen, co-founder of delivery and services giant Meituan, announced in February a $50 million personal investment to build a Chinese version of Microsoft-backed ChatGPT, followed a month later by the acquisition of a machine learning startup, it signaled that China’s artificial intelligence gold rush was well and truly underway.