China Approves Over 40 AI Models in Six Months

Latest approvals include 14 large language models as China strives to catch up with U.S. in AI development.

China has approved over 40 artificial intelligence (AI) models for public use in the past six months, marking a significant push in AI development.
The latest batch of approvals included 14 large language models (LLMs), with companies like Xiaomi Corp, 4Paradigm, and 01.AI among the recipients.
Beijing initiated a requirement for tech companies to obtain regulatory approval for their LLMs in August, emphasizing China's commitment to controlling AI technology development.
China's AI development is seen as an attempt to catch up with the U.S., which currently holds a 50% share of the global LLM market, compared to China's 40%.
The global generative AI market, which includes LLM tools, is projected to be worth $1.3 trillion within the next 10 years.