Beijing lab at $20B as AI investors look to China

Different strokes for different folks.

OpenAI's chatbot has some weird linguistic tics in Chinese that are driving users crazy.

Moonshot's annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage.

Insider Brief Spirit AI and Bosch China announced a strategic partnership focused on bringing embodied AI systems into industrial environments, combining Spirit AI’s robotics foundation models with Bosch’s manufacturing and automation infrastructure. According to the companies, the partnership is aimed at accelerating deployment of what Spirit AI describes as a “universal brain” for robots — […]

Also in today’s newsletter: a new company seeks to tackle the power constraints on European data centre growth

Partnership between top startup DeepL and Amazon comes amid concern about Silicon Valley’s monopoly over digital infrastructure AI companies in Europe risk losing their world-leading status in the field of machine translation, industry figures have said, after the decision by one of the continent’s leading startups to partner with Amazon’s cloud computing division provoked alarm. While businesses in the EU have generally lagged behind the US and China in AI adoption, a small group of European companies have cornered the global market for high-quality machine translations for professional use. Continue reading...

According to a report by China Internet Network Information Center, over 600 million Chinese were using generative AI as of December, a 142% jump from the year prior.

Insider Brief PRESS RELEASE — China has launched its 15th Five-Year Plan by placing robotics at the heart of its modern industrial system. The aim is to pivot its AI research towards physical applications with robots as main drivers for economic growth. This is a next step in the country´s strong automation development: China´s manufacturing […]