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Cross Asset Strategy

United states & China / Cross Asset Strategy

<ul><li>Despite China’s increasing efforts to become an artificial intelligence superpower, there is still a huge funding gap with the U.S. in the realm of AI-generated content (AIGC), a major Chinese venture capital investor said.</li><li>Chinese companies developing AIGC solutions — which use AI to produce content based on user inputs such as questions and keywords — raised a total of around $1.3 billion last year, compared with $23 billion raised by their American counterparts, Zhou Zhifeng, a partner at Qiming Venture Partners, said at an industry event Thursday.</li><li>That $1.3 billion of capital was almost all invested in developers of foundational large language models (LLMs) in China, while foundational LLM developers bagged nearly 87% of the $23 billion in the U.S., Zhou said.</li></ul>

Despite China’s increasing efforts to become an artificial intelligence superpower, there is still a huge funding gap with the U.S. in the realm of AI-generated content (AIGC), a major Chinese venture capital investor said.Chinese companies developing AIGC solutions — which use AI to produce content based on user inputs such as questions and keywords — raised a total of around $1.3 billion last year, compared with $23 billion raised by their American counterparts, Zhou Zhifeng, a partner at Qiming Venture Partners, said at an industry event Thursday.That $1.3 billion of capital was almost all invested in developers of foundational large language models (LLMs) in China, while foundational LLM developers bagged nearly 87% of the $23 billion in the U.S., Zhou said.

China Falls Far Behind U.S. in AI-Generated Content Funding, Investor Says 