Dubai Telegraph - China's top AI players

EUR -
AED 4.198299
AFN 72.583816
ALL 94.019914
AMD 420.704666
ANG 2.046432
AOA 1049.274168
ARS 1670.45311
AUD 1.632462
AWG 2.057401
AZN 1.939879
BAM 1.952061
BBD 2.302989
BDT 140.470942
BGN 1.932678
BHD 0.430854
BIF 3411.85707
BMD 1.143001
BND 1.478768
BOB 7.900867
BRL 5.896059
BSD 1.14341
BTN 108.191769
BWP 15.518276
BYN 3.199272
BYR 22402.813593
BZD 2.299695
CAD 1.618758
CDF 2588.896631
CHF 0.924596
CLF 0.026327
CLP 1036.164256
CNY 7.737658
CNH 7.746767
COP 3936.631549
CRC 518.706468
CUC 1.143001
CUP 30.289518
CVE 110.054202
CZK 24.196125
DJF 203.133759
DKK 7.47443
DOP 66.841971
DZD 152.617101
EGP 56.886119
ERN 17.14501
ETB 184.3477
FJD 2.569179
FKP 0.86376
GBP 0.862983
GEL 3.028998
GGP 0.86376
GHS 12.835415
GIP 0.86376
GMD 84.020825
GNF 10018.809946
GTQ 8.719299
GYD 239.201832
HKD 8.960612
HNL 30.589409
HRK 7.534667
HTG 149.363908
HUF 352.275669
IDR 20397.647477
ILS 3.396255
IMP 0.86376
INR 108.10552
IQD 1497.930859
IRR 1571625.953592
ISK 144.006235
JEP 0.86376
JMD 180.673937
JOD 0.810347
JPY 184.599152
KES 147.950338
KGS 99.95507
KHR 4591.205992
KMF 490.916285
KPW 1028.701024
KRW 1756.82062
KWD 0.352799
KYD 0.952875
KZT 557.312522
LAK 25252.631045
LBP 102395.671068
LKR 382.337669
LRD 208.111383
LSL 18.787415
LTL 3.374984
LVL 0.69139
LYD 7.310307
MAD 10.659483
MDL 20.107486
MGA 4822.762468
MKD 61.647195
MMK 2400.2077
MNT 4091.064279
MOP 9.233115
MRU 45.720427
MUR 54.646421
MVR 17.670543
MWK 1984.24915
MXN 19.840075
MYR 4.743112
MZN 73.041041
NAD 18.787415
NGN 1562.173531
NIO 42.079401
NOK 11.081275
NPR 173.106431
NZD 2.000579
OMR 0.439488
PAB 1.14341
PEN 3.869089
PGK 5.094242
PHP 69.879064
PKR 318.021261
PLN 4.275383
PYG 6970.648402
QAR 4.168416
RON 5.237913
RSD 117.41016
RUB 84.863008
RWF 1674.69229
SAR 4.290586
SBD 9.214213
SCR 15.629856
SDG 686.359388
SEK 10.991398
SGD 1.478329
SHP 0.853365
SLE 28.289887
SLL 23968.157231
SOS 653.448383
SRD 42.783084
STD 23657.806647
STN 24.453162
SVC 10.004837
SYP 126.338264
SZL 18.783023
THB 37.661299
TJS 10.605486
TMT 4.000502
TND 3.380924
TOP 2.752072
TRY 53.102442
TTD 7.754148
TWD 36.167989
TZS 3004.071008
UAH 51.425699
UGX 4174.0051
USD 1.143001
UYU 45.722423
UZS 13703.751799
VES 693.381551
VND 30083.778254
VUV 135.276765
WST 3.145305
XAF 654.70298
XAG 0.017475
XAU 0.000273
XCD 3.089016
XCG 2.060753
XDR 0.813463
XOF 653.79697
XPF 119.331742
YER 272.702952
ZAR 18.739068
ZMK 10288.378745
ZMW 20.26718
ZWL 368.045757
  • RBGPF

    0.3600

    61.5

    +0.59%

  • RYCEF

    0.1900

    18.45

    +1.03%

  • NGG

    1.8000

    81.24

    +2.22%

  • AZN

    2.2700

    177.2

    +1.28%

  • GSK

    0.3150

    50.985

    +0.62%

  • CMSC

    -0.2100

    22.16

    -0.95%

  • RIO

    -0.7500

    99.33

    -0.76%

  • BTI

    0.1200

    59.03

    +0.2%

  • RELX

    -0.3350

    30.845

    -1.09%

  • BCE

    -0.4000

    22.88

    -1.75%

  • VOD

    -0.1350

    14.165

    -0.95%

  • JRI

    -0.0300

    12.64

    -0.24%

  • BCC

    -1.5250

    73.135

    -2.09%

  • CMSD

    -0.2600

    22.03

    -1.18%

  • BP

    0.5600

    39.66

    +1.41%

China's top AI players
China's top AI players / Photo: MLADEN ANTONOV - 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.

R.Mehmood--DT