Tencent releases AI model for businesses as competition in China heats up

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Tencent releases AI model for businesses as competition in China heats up
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Dowson Tong, CEO of the cloud and smart industries group at Tencent, spoke with CNBC’s Emily Tan in an exclusive interview ahead of a big AI reveal.

India's consumer market set to become the world's third largest by 2027, behind the U.S. and China

Similar to ChatGPT, the bots purport to respond to queries in a human-like, conversational fashion — but primarily in Chinese. Some, such asOpenAI's ChatGPT isn't officially available in China. The chatbot releases follow new Chinese regulation on generative AI that took effect Aug. 15. "It's prudent to put in some guardrails in place," he said. That will help make sure the technology or the services being offered are of high enough quality so they don't create and distribute false information, he said.

While Beijing has shown it is more supportive of generative AI than initially feared, Chinese companies also face. The most cutting edge versions of the high-tech chips, known as graphics processing units , allow companies to train AI models.

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