China’s AI giants are handing out cash to lure in users

Chinese AI companies have been investing heavily to develop and promote their agentic services. In mid-February, ahead of the celebrations, Alibaba, an e-commerce giant, and ByteDance, which controls TikTok and its local sister-app, Douyin, both launched upgrades to their chatbots that allow these to perform various tasks on behalf of users. More than 100m beverages…

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