Artificial Intelligence Conference in Shanghai this month, startup founder Qu Dongqi showed off a video he had recently posted online. It displayed an old photograph of a woman with two toddlers. Then the photo sprang to life as the woman lifted the toddlers up in her arms and they laughed with surprise.
#Budget 2024 with ET
Budget Highlights: Your 2-minute guide
Tax tweaks, jobs & more: All that FM announced in Budget
What's cheaper and what's costlier? Here's the list
The video was created by AI technology from Chinese internet company Kuaishou. The technology was reminiscent of a video generator, called Sora, that American startup OpenAI unveiled this year. But unlike Sora, it was available to the general public.
«My American friends still can't use Sora,» Qu said. «But we already have better solutions here.»
While the United States has had a head start on AI development, China is catching up. In recent weeks, several Chinese companies have unveiled AI technologies that rival leading American systems. And these technologies are already in the hands of consumers, businesses and independent software developers across the globe.
While many American companies are worried that AI technologies could accelerate the spread of disinformation or cause other