ipek: definitely. we also think investors are starting to see potential in china, and with high valuations in u.s. technology stocks and the valuation gap, there is the potential for more funds to feed into chinese technology stocks, even more so as major risks are fÊted. the first is that the chip war delayed ai progress of chinese technology companies but has not stopped the second is the winning risk of government, where xi jinping actually showed his support to chinese big tech technology leaders. jackie: what is the time horizon investors should keep in mind if we are really going to start seeing signs of china starting to catch up to american ai players? ipek: in terms of efficiency and most efficient models, we are not there just yet. we need to wait at least a few quarters, two to three quarters, in order to see what the chinese ai models are worth. in terms of business and revenues, it is not the best models, the most efficient models that will make the biggest revenues. it is how these ai too