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Qwen boss says Chinese AI models have 'less than 20%' chance of leapfrogging Western counterparts —  despite China's $1 billion AI IPO week, capital can't close the gap alone

Qwen boss says Chinese AI models have 'less than 20%' chance of leapfrogging Western counterparts — despite China's $1 billion AI IPO week, capital can't close the gap alone

💡 Verdict: Despite recent IPO success, a Qwen executive estimates Chinese AI models have a low chance of surpassing Western counterparts due to factors beyond capital investment. Check Price: AI Models ⚡ Quick Hits * Chinese AI firms recently raised over $1 billion through IPOs in Hong Kong. * A Qwen executive believes Chinese
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