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The progress of Chinese tech companies across the entire stack is “remarkable,” OpenAI’s Sam Altman told CNBC, pointing to “many fields” including AI.
Altman’s comments come as China races against the U.S. to develop artificial general intelligence (AGI) — where AI matches human capabilities — and roll out the technology across society.
Chinese progress is “amazingly fast,” he said. In some areas Chinese tech companies are near the frontier, while in others they lag behind, Altman added.
OpenAI has been moving to develop revenue streams as its looks to provide a path to profitability for investors that have ploughed around $70 billion into the company, according to deal-counting platform Dealroom. The company is looking to wrap up a $100 billion fundraising round, sources told CNBC.
