TECH - OpenAI's China Exit Sets Stage For Local AI Surge With Baidu Alibaba As Potential Gainers | Benzinga
Microsoft Corp (NASDAQ:MSFT) backed ChatGPT parent OpenAI’s proposed policy change, that will end access to its AI development tools in China, is likely to reshape the competitive landscape in the artificial intelligence sector.
Starting in July, OpenAI will terminate services for its Chinese users, a decision that has prompted immediate reactions from local companies.
Firms such as Baidu Inc. (NASDAQ:BIDU) and Alibaba Group Holding Ltd. (NYSE:BABA) are now positioning themselves to capitalize on the emerging gap in the market with various incentives to attract developers,