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iFlytek Rises After Unveiling Chinese Rival to ChatGPT

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By Bingyan Wang

Shares of iFlytek rose Monday after the Chinese artificial-intelligence company unveiled a generative language model that it said rivals the technology of ChatGPT.

Shares of the speech-recognition specialist increased by the 10% daily limit in Shenzhen, bringing year-to-date gains to 95% amid a buying frenzy of Chinese AI-related…

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