Chinese AI start-up ModelBest kicks off pre-IPO tutoring process for mainland listing
Chinese AI start-up ModelBest has kicked off its pre-initial public offering (IPO) tutoring process for a listing in mainland China, capitalising on growing demand for compact artificial intelligence models that run locally on devices like smartphones and laptops, and in cars. The four-year-old company also appears to be banking on its small-model strategy to overcome China’s acute shortage of…
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