China's artificial intelligence-related growth is giving corporate earnings a lift, according to UBS.
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Capital flows from eager mainland China-based investors are flowing into these artificial intelligence plays.
The investment bank also raised its price targets on two Chinese companies that develop artificial intelligence models.
Several mainland companies have had a chance at monetizing generative AI in the past two years. Leaders and laggards are emerging.
The AI industry in China is shifting its focus from cash-burning large language models to business applications.
The Chinese tech company's shares are on track for their best month since January.
Whether China or the U.S. wins the race for artificial intelligence ultimately relies on the ability to power the new technology,…
