The hype surrounding ChatGPT has also reached Chinese companies. But the AI language models from Alibaba and Baidu disappoint across the board. They are said to be up to three years behind US competitors. The reason: China has hardly any access to powerful chips due to the US technology embargo.
By Jörn Petring
German mechanical engineering companies in China are increasingly pessimistic. After the lifting of all Covid restrictions, access to raw materials has improved, but new orders are scarce. The latest survey by the German Mechanical Engineering Industry Association (VDMA) reveals lower capacity utilization.
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