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China's AI Surge: Leaders Dismiss Bubble Fears, Embrace Change

12/18/2025

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Story summary
  • He Xiaopeng, CEO of Xpeng, dismissed fears about an AI bubble.
  • He Xiaopeng said AI will bring significant societal changes.
  • A Stanford report says China's open-source AI models may rival US models and urges engagement with Chinese counterparts on governance.
  • Tencent appointed Yao as chief AI scientist to lead its AI infrastructure and large language model (LLM) development.
  • These moves reflect China’s growing influence in the global AI landscape.