Even China’s A.I. Powerhouses Can’t Figure Out How to Profit Off A.I.
Chinese AI models are advancing rapidly, but companies such as Alibaba and ByteDance have yet to establish clear strategies for monetizing their AI technologies. Despite notable technical progress, these leading firms are still searching for ways to turn their AI successes into profits.
Why it matters: This underscores a broader challenge in the AI industry: converting technological advancements into sustainable business models.
Full story at: The New York Times / AI ↗