Official predicts 100 AI breakthroughs


New wave: Signage outside DeepSeek’s office in Beijing. The company’s AI is considered much cheaper to set up than Western competitors. — Reuters

Beijing: China’s advantages in developing artificial intelligence (AI) are about to unleash a wave of innovation that will generate more than 100 DeepSeek-like breakthroughs in the coming 18 months, according to a former top official.

The new software products “will fundamentally change the nature and the tech nature of the whole Chinese economy,” Zhu Min, who was previously a deputy governor of the People’s Bank of China, said during the World Economic Forum in Tianjin yesterday.

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