From Kuaishou to iQiyi, Chinese Tech Firms See Stronger Profits as They Tout Potential of Generative AI
Kuaishou, a short-video company, achieved a group-level quarterly net profit for the first time. Similarly, iQiyi, supported by Baidu, also turned a profit. Kuaishou has started internally testing its chatbot called “Kuaishou AI conversation,” while iQiyi and Bilibili have started using generative AI in content creation. Read More: https://www.scmp.com/tech/tech-trends/article/3232070/kuaishou-iqiyi-chinese-tech-firms-see-stronger-profits-they-tout-potential-generative-ai