Meituan Joins China AI Model Race After Revenue Jumps 20%

Meituan Joins China AI Model Race After Revenue Jumps 20%

(Bloomberg) — Meituan unveiled plans for the first time to develop its own AI model after reporting a 20% jump in quarterly revenue, becoming the latest big Chinese tech player to join an accelerating global wave of development.

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China’s meal delivery leader is starting to integrate AI into work processes and across its range of consumer services, which include a travel site and e-commerce platform. It’s developing its own “LongCat” large language…

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https://finance.yahoo.com/news/meituan-revenue-jumps-20-boost-110917579.html

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