## Chinese AI: A Difficult Challenge to the West China's AI sector has recently garnered attention as a cluster of domestic AI firms raised over $1 billion through IPOs in Hong Kong. Despite this influx of capital, Qwen's leadership believes there is less than a 20% chance of overtaking Western models. The issue is not a lack of financial resources, but the need for deeper technological advancement. ## The Global Context of AI The competition in the field of artificial intelligence is increasingly global. Companies and research institutions around the world are investing heavily in the development of new models and algorithms. Access to high-quality data and the ability to attract and retain talent are crucial factors for success in this rapidly evolving sector. China, while having made significant progress, still faces important challenges to achieve technological leadership.