The U.S. wants Asia to use its AI โ€” but China dominates cheaper models

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๐Ÿ“ฐ source: cnbc_topnews ยท ๐Ÿ’ผ business

the us is pushing its ai exports program in asia, but only 78 applications have been received so far, according to politico. the commerce department says that exceeded expectations. at the apec digital weeks in chengdu, the us presence was subdued, with google and meta focusing on specific tools rather than large language models. in contrast, china showcased its open-source ai models, and president xi announced 5,000 ai training opportunities for developing countries. apec members agreed to back open-source ai with strong security, boosting china's strategy. local language models are key: startup votee ai works with governments using nvidia chips and alibaba's open-source model. analysts expect a combination of us and chinese tech rather than full decoupling, as both sides remain interdependent.


why it matters: us and china compete for asia's ai market, with china's cheaper open-source models gaining traction amid subdued us export program uptake.


source: cnbc_topnews
sentiment: -0.20 ยท impact: 0.70

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