SHANGHAI -- Chinese artificial intelligence startups that have raised hundreds of millions of dollars in funding are facing a reckoning: find customers fast, or get crushed or swallowed up by tech giants.
Intensifying battle to generate revenue sows concern over industry sustainability
Baichuan AI, one of China’s top AI startups, promotes its health care chatbot at the World Artificial Intelligence Conference in Shanghai in early July. (Photo by Wataru Suzuki)
SHANGHAI -- Chinese artificial intelligence startups that have raised hundreds of millions of dollars in funding are facing a reckoning: find customers fast, or get crushed or swallowed up by tech giants.