China’s tech giants to lead AI growth despite chip challenge: JPMorgan

China’s internet giants are poised to drive the continued adoption of artificial intelligence in the country, with AI chip shortages unlikely to pose significant obstacles for the sector in the short term, according to JPMorgan analysts. Sustained user adoption of AI features would be a key theme in the coming year despite the absence of “clear evidence” of AI monetisation in China, said Alex Yao, co-head of Asia-Pacific technology, media and telecoms equity research, in a briefing on...