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China\'s AI closes in on U.S., but U.S. still leads in computing power and talent

Chinese artificial intelligence models are rapidly closing in on the United States in performance and speed of adoption, CNBC reported. Hugging Face CEO Clem Delangue said China is clearly leading open models and could gain an advantage in frontier models by late this year or next. Chinese models are seen as cost-competitive and increasingly adopted, including in developing countries. Still, the United States leads in advanced chips, computing resources, funding and talent.