China's commerce ministry on Monday accused the United States of "AI hegemonism" and threatened countermeasures following statements from senior US officials indicating that Chinese artificial intelligence companies could face investigations, sanctions, and trade restrictions over the alleged theft of US technology.
This diplomatic friction comes as Chinese artificial intelligence models continue to gain ground technologically. However, reports note that despite these advancements, even China's leading AI powerhouses currently lack a clear strategy to turn their success into profitable business models.
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