China is building its own AI at a rapid pace

• Chinese tech giants are racing to catch up with US firms like OpenAI in the AI arms race.
• Over 40 AI models have been approved for public use by the government, per local news reports.
• China has tight controls on AI , with tech companies required to "adhere to socialist values."

China's tech giants are racing to catch up in the AI arms race.

The Chinese government has approved more than 40 AI models in the past six months since it began this process, according to local media reports cited by Reuters, as tech companies seek to make up ground on US rivals like OpenAI.