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- Microsoft's OpenAI has a strong lead in the US's AI boom, but competitors in China are emerging.
- Analysts say several Chinese companies could rival OpenAI including Alibaba, Bytedance and Tencent.
- No clear winner-takes-all scenario is likely to emerge as the market for AI develops in China.
OpenAI faces tough competition in the US as Google, Amazon, and countless startups that have sprung up in the AI boom race to implement AI offerings. China is emerging as a serious contender with the country's largest tech companies developing their own large language models, the underlying technology that powers ChatGPT, and similar tools.
Tencent, Alibaba, Bytedance, Baidu, and SenseTime, were ranked as the top five AI contenders to OpenAI's ChatGPT according to Berstein analyst.