China’s market regulator has penalised several companies for posing as DeepSeek and OpenAI’s ChatGPT to defraud users, in its latest crackdown on unfair competition in the fast-growing artificial intelligence sector. The State Administration for Market Regulation (SAMR), China’s market watchdog, fined Shanghai Shangyun Internet Technology 62,692.70 yuan (US$9,034) for operating a fraudulent ChatGPT service on Tencent Holdings’ super app WeChat. The service posed as the official Chinese version...