CHINA TELECOM Ke Ruiwen: AI Shall Focus on R&D of Foundation Model Tech, Promotion on Large-scale Application

　　Ke Ruiwen, Chairman of CHINA TELECOM (00728.HK) +0.080 (+1.706%) Short selling $14.54M; Ratio 12.890% , said at the Industrial Development Main Forum of the 2024 World AI Conference & High-Level Meeting on Global AI Governance that the development of AI is changing rapidly, and it ushered in unprecedented opportunities, according to Chinese media.

　　However, at the same time, AI is also facing a lot of problems and challenges.

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　　Ke believed that CHINA TELECOM, as an operator, made some explorations and practices in recent years, including providing support for the new type of digital infrastructure needed for the development of AI, and that AI should not only focus on the research and development of foundation model technology, but also on promoting large-scale applications, etc..

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-04 12:25.)

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