AI’s Token Economy Revolution Creates New China Tech Winners
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China’s cheap artificial intelligence models are rapidly attracting global users and creating new winners in the nation’s stock market.
As AI development increasingly focuses on performing a diverse array of tasks, an economy is emerging around demand for “tokens,” the basic units of data in large language models. Surging token consumption globally has given China a distinct advantage thanks to its abundant supply of low-cost electricity and a legion of competing AI model developers.
