News Formal

ChatGPT mania gives a fillip to Chinese AI stocks

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Colombia Noticias Noticias

But mainland tech firms do not look close to coming up with their own versions

ChatGPT logo and rising stock graph are seen in this illustration. Picture: DADO RUVIC/REUTERS

While ChatGPT is not accessible in China, mainland investors are still pumping up the shares of AI technology companies such as Hanwang Technology, TRS Information Technology and Cloudwalk Technology. “The industry as a whole tends to first speculate on expectations before only later trading on actual results,” said Zhang Kexing, GM of Beijing Gelei Asset Management.

Cloudwalk shares retreated 5.5% on Tuesday, but have nearly doubled in the seven trading days since the lunar new year holidays. On Tuesday, the company cautioned investors, saying its losses have deepened in 2022, it has not co-operated with OpenAI, and has generated no revenues from ChatGPT-related services and products.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Business Maverick: ChatGPT will replace some jobs, but traders say not theirsAdvanced artificial intelligence systems stand to threaten jobs primarily in the financial, legal and technology sectors, according to the latest MLIV Pulse survey.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »