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Investment in Jipu and the Importance of Funding
This chapter discusses the investment made by technology giants Alibaba and Tencent in Jipu, an AI startup aiming to rival OpenAI. Jipu has received $341 million in funding this year to develop models trained on large amounts of data. The chapter highlights the importance of raising more substantial funds to compete with OpenAI and mentions the significance of state-backed investments in China's AI sector.