AI foundation model related products appeared to be popular in Mainland China, but in reality the penetration rate in the entire internet industry was still below 1%. On the "involution" of foundation model segment, The Paper quoted TENCENT (00700.HK) +15.200 (+4.225%) Short selling $1.77B; Ratio 16.957% 's Tencent cloud vice president, Liu Yuhong, that TENCENT developing foundation models is not for instant superiority.
It has only been one to two years since the of foundation model technology developing from the most popular ChatGPT-3.5. The product is still in a very young stage and is not mature enough. Regardless of its own foundation model capabilities or its ability to implement in every field of the industry, it is far from meeting user needs.
At present, the capabilities of foundation models are far from meeting high-frequency user needs, and the scene matching is low, resulting in insufficient penetration.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-06-03 16:25.)
