The Fort Worth Press - China's top AI players

USD -
AED 3.6725
AFN 62.999989
ALL 81.603383
AMD 371.830236
ANG 1.789884
AOA 917.999744
ARS 1392.797709
AUD 1.402731
AWG 1.80125
AZN 1.700492
BAM 1.674321
BBD 2.014279
BDT 122.710521
BGN 1.668102
BHD 0.377607
BIF 2965
BMD 1
BND 1.277357
BOB 6.911164
BRL 5.024399
BSD 1.000077
BTN 94.042513
BWP 13.517505
BYN 2.823866
BYR 19600
BZD 2.011454
CAD 1.370835
CDF 2313.000251
CHF 0.78677
CLF 0.02274
CLP 894.970007
CNY 6.826502
CNH 6.835935
COP 3567.16
CRC 455.350952
CUC 1
CUP 26.5
CVE 94.549802
CZK 20.851903
DJF 177.719811
DKK 6.397365
DOP 59.660232
DZD 132.586607
EGP 52.619605
ERN 15
ETB 156.598985
EUR 0.85604
FJD 2.20465
FKP 0.740532
GBP 0.742575
GEL 2.685029
GGP 0.740532
GHS 11.09028
GIP 0.740532
GMD 73.501579
GNF 8775.000182
GTQ 7.645651
GYD 209.253449
HKD 7.834615
HNL 26.620196
HRK 6.449201
HTG 131.014498
HUF 313.587992
IDR 17282
ILS 3.00148
IMP 0.740532
INR 94.293702
IQD 1310
IRR 1318049.999499
ISK 123.097124
JEP 0.740532
JMD 157.878291
JOD 0.709009
JPY 159.738499
KES 129.294587
KGS 87.415302
KHR 4010.000237
KMF 421.99983
KPW 899.95002
KRW 1482.739867
KWD 0.30781
KYD 0.83348
KZT 464.605217
LAK 21929.99988
LBP 89498.091962
LKR 317.186236
LRD 184.275036
LSL 16.649868
LTL 2.952739
LVL 0.60489
LYD 6.349766
MAD 9.259733
MDL 17.351887
MGA 4145.000274
MKD 52.768088
MMK 2099.761028
MNT 3579.096956
MOP 8.068761
MRU 40.010203
MUR 46.829997
MVR 15.459687
MWK 1736.999927
MXN 17.421302
MYR 3.968495
MZN 63.905074
NAD 16.65011
NGN 1351.320177
NIO 36.710536
NOK 9.343685
NPR 150.467206
NZD 1.708802
OMR 0.384503
PAB 1.000077
PEN 3.465973
PGK 4.26275
PHP 60.748038
PKR 278.798106
PLN 3.63061
PYG 6332.424462
QAR 3.645497
RON 4.358098
RSD 100.495972
RUB 75.875057
RWF 1461
SAR 3.750631
SBD 8.048583
SCR 14.314825
SDG 600.496617
SEK 9.259705
SGD 1.27813
SHP 0.746601
SLE 24.600451
SLL 20969.496166
SOS 571.500193
SRD 37.399011
STD 20697.981008
STN 21.195
SVC 8.750851
SYP 110.632441
SZL 16.649674
THB 32.475022
TJS 9.400998
TMT 3.505
TND 2.882499
TOP 2.40776
TRY 45.025098
TTD 6.780183
TWD 31.488999
TZS 2612.495518
UAH 43.933602
UGX 3720.524092
UYU 39.5509
UZS 12049.999876
VES 482.733725
VND 26317.5
VUV 118.032476
WST 2.725399
XAF 561.551731
XAG 0.013318
XAU 0.000214
XCD 2.70255
XCG 1.802484
XDR 0.696601
XOF 559.000359
XPF 102.375043
YER 238.625022
ZAR 16.63706
ZMK 9001.202233
ZMW 18.726832
ZWL 321.999592
  • JRI

    -0.1200

    12.88

    -0.93%

  • CMSC

    0.0800

    22.91

    +0.35%

  • RBGPF

    63.0000

    63

    +100%

  • RYCEF

    0.2200

    15.42

    +1.43%

  • NGG

    1.3600

    86.96

    +1.56%

  • RIO

    -1.4300

    98.85

    -1.45%

  • BCC

    1.5800

    83.82

    +1.88%

  • GSK

    -0.0700

    55.63

    -0.13%

  • RELX

    -0.1400

    36.13

    -0.39%

  • BCE

    0.3700

    24.1

    +1.54%

  • VOD

    0.3100

    15.62

    +1.98%

  • CMSD

    0.1000

    23.23

    +0.43%

  • BTI

    1.1100

    57.28

    +1.94%

  • AZN

    -2.5100

    192.3

    -1.31%

  • BP

    -0.0200

    46.35

    -0.04%

China's top AI players
China's top AI players / Photo: © AFP/File

China's top AI players

China's artificial intelligence boom is in full swing, with the release of a new large language model (LLM) by top startup DeepSeek on Friday highlighting the country's rapid progress despite US export restrictions on advanced microchips.

Text size:

Here's a look at the companies, big and small, driving China's AI ambitions:

- Legacy players -

Chinese internet giants Baidu, Alibaba and Tencent are racing to invest in AI, using existing vast user bases and cloud infrastructure to their advantage.

Search engine provider Baidu, sometimes called China's Google, has been a vocal proponent of the potential of AI in the country for over a decade.

Although it has recruited prominent AI researchers and its "Ernie" tool was one of the country's first AI chatbots, Baidu's fortunes have remained tied to its massive search and online marketing business.

Alibaba, the e-commerce behemoth behind shopping platforms like Taobao, is known for its open-source "Qwen" AI models -- popular with programmers worldwide because they can be freely customised.

The Qwen chatbot mobile app had more than 200 million monthly active users in January, according to AI ranking site AICPB.

Top gaming and social media firm Tencent, which launched an AI model in 2023 and a chatbot the following year, is seen as a cautious player.

Tencent's founder, Pony Ma, recently vowed to increase investment in AI, reportedly calling it "the only field worth investing in" in January.

- Beyond TikTok -

ByteDance, the Chinese company behind TikTok, is increasingly shifting its focus to AI as pressure on its overseas social media business intensifies.

And it is going well: Doubao, ByteDance's AI chatbot, is the most popular of its kind in China, with over 100 million daily active users.

This year, the firm's slick AI video generator, SeeDance 2.0, raised concerns over copyright and potential future job losses with its cinematic-looking clips created using just simple prompts.

- China's AI hero -

Startup DeepSeek started life in 2023 as a side project of a data-driven hedge fund, but shook up the global AI scene with its "R1" model in January 2025.

DeepSeek's low-cost, high-performance R1 chatbot challenged assumptions of US dominance in what some have called the "Sputnik moment" for AI.

Its open-source approach has galvanised the country's AI industry and accelerated the global diffusion of Chinese models.

Its newest V4 model, released Friday, promises performance similar to leading closed-source models at lower cost, according to the company.

DeepSeek-V4 features an ultra-long context of one million tokens and 1.6 trillion parameters for the Pro version -- measures that determine how much input the model can absorb and its decision-making ability.

"In world knowledge benchmarks, DeepSeek-V4-Pro significantly leads other open-source models and is only slightly outperformed by the top-tier closed-source model, (Google's) Gemini-Pro-3.1," DeepSeek said in a statement on Friday.

- Startup 'tigers' -

The startups Zhipu AI, MiniMax and Moonshot AI are nicknamed China's "AI tigers" -- challenging legacy tech giants on AI foundation model research.

Zhipu AI emerged from the prestigious Tsinghua University and was initially known for its strong focus on computing research.

The firm is a major provider of chatbot tools to Chinese businesses, and the performance of its latest "GLM-5" model impressed developer communities.

MiniMax targets the consumer market with its multimedia tools, from AI companions to video generators.

Both Zhipu and MiniMax saw their stock prices soar when they went public in Hong Kong in January, but both have also faced challenges.

A year ago, Washington put Zhipu on its export control blacklist over national security concerns, while Disney and other US entertainment outfits are suing MiniMax for copyright infringement.

Moonshot AI's Chinese name, Yue Zhi Anmian, pays tribute to Pink Floyd's album "The Dark Side of the Moon", reflecting the rock music passion of its co-founder Yang Zhilin.

Its latest offering, "Kimi K2.5", is one of the most popular AI models on developer platform OpenRouter.

Kimi K2.5's success is reflected in the company's revenues. Moonshot AI reportedly earned its 2025 full-year revenue in just weeks since its launch.

T.Dixon--TFWP