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Meituan joins China's AI spending race, says investing 'billions' in chips

Meituan joins China's AI spending race, says investing 'billions' in chips

Photo: Meituan

Wang Xing, CEO of China’s largest food delivery firm Meituan, said on Friday in a post-earnings call that the company is pouring “billions” into chips used to train AI models, with more investment planned this year.

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