May 05, 2023 07:14 PM

BUSINESS

China’s AI Charge Part 2: China’s Tech Elite Lead Startup Frenzy

By Du Zhihang, Zhang Erchi, Qu Yunxu, Liu Peilin, Huang Huizhao, Xu Luyi, Qin Min and Kelsey Cheng

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Artificial intelligence ventures in China have typically been started by academics or experts working for foreign companies. But the furor this year around OpenAI’s ChatGPT has inspired a new breed of AI entrepreneur — the elite of China’s tech giants.

After spending years testing and developing AI at Chinese companies, heavyweights such as Jia Yangqing, a former vice president at Alibaba Group Holding Ltd., are branching out on their own.

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