Alibaba and ByteDance Dominate China's GenAI Infrastructure Market
Thursday, 11 July 2024, 13:39
Alibaba and ByteDance - Dominating the GenAI Market
Chinese tech giants Alibaba and ByteDance, along with SenseTime, have established a stronghold in the GenAI market, capturing more than 50% market share. This dominance is reshaping the AI landscape in China.
China's AI Computing Ambitions
China is on a trajectory to increase its AI computing power to 35% by 2023, driven largely by the influence of Alibaba, ByteDance, and SenseTime in the sector.
- Alibaba, ByteDance, and SenseTime lead the GenAI market
- China aims to achieve 35% AI computing power by 2023
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.