Next level: why China’s game makers are quietly bankrolling generative AI
AI Summary
Chinese AI startups Zhipu AI and MiniMax have become the world's first publicly listed large language model (LLM) companies, surpassing US competitors like OpenAI and Anthropic. These companies are backed by state funds and tech giants like Tencent and Alibaba. Less visibly, Chinese gaming companies, including miHoYo (creator of Genshin Impact) and 37 Interactive Entertainment, are also significantly investing in the country's leading AI developers. MiHoYo invested early in MiniMax, while 37 Interactive has stakes in Zhipu, Moonshot AI, and Baichuan, all considered major AI players in China. This investment highlights the gaming industry's role in fueling China's AI development ambitions.
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