- Motley Fool
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- South China Morning Post
New AI battle adopts old price war strategy as Chinese tech giants keep start-ups at bay behind the Great Firewall
In the 18 months since Microsoft-backed OpenAI launched ChatGPT, Chinese tech firms large and small have rallied around a singular goal - besting the San Francisco-based start-up with their own Chinese-language chatbots. The results have been mixed, with some tech giants claiming to have better results than GPT-4, OpenAI's most advanced model, with Chinese queries. But with a deluge of more than 200 Chinese large language models (LLMs) - the tech powering these chatbots - from a slew of companie
- South China Morning Post
Pinduoduo heats up price war during China's 618 shopping festival with tool for merchants to quickly adjust cost of goods
Pinduoduo, the mainland budget-shopping platform of PDD Holdings, has introduced an "automated price-tracking system" for merchants to swiftly adjust prices online, as China's e-commerce giants gear up for this year's 618 shopping festival. The novel system, which Pinduoduo rolled out on Wednesday, provides merchants on the platform a fast and intelligent way to "keep pace with [the pricing strategy of] competitors", according to a report by Chinese digital media DoNews on Thursday. The system,
