Key Points
BEIJING, Nov 15 (Reuters) - The head of one of China's leading AI firms, Baidu (9888.HK), warned on Wednesday that the fervor rushing to develop large language models in China could lead to a waste of resources, saying firms needed to focus their efforts on developing practical applications...
Robin Li made his comments at an industry forum in Shenzhen amid mounting market worries over a potential industry shakeout as companies developing large language models have yet to find viable business models...
"I've observed a phenomenon (in China) where many industries, companies and even cities are purchasing hardware, stocking chips, (and) building computing centres to train proprietary large models from scratch."..
Therefore, constantly redeveloping foundational large models represents an enormous waste of social resources," Li said.. Li said there are many large models in China, but AI applications developed based on large models are still very few...
