Current location:business >>
China AI industry to see scale reach over $240 bln
business85People have gathered around
IntroductionChina's artificial intelligence industry will make great strides in the next 10 to 15 years, with it ...
China's artificial intelligence industry will make great strides in the next 10 to 15 years, with its market scale reaching 1.73 trillion yuan ($240.4 billion) by 2035 accounting for 30.6 percent of the world's total, according to a new report released by market research firm CCID Consulting.
AI has become a major driving force for bolstering the innovative development of digital economy, and its integration with the real economy is speeding up, which will promote the digital transformation of industries and the industrialization of digital technologies, the report said.
The number of large language models with more than 1 billion parameters in China reached 234 as of December 2023, while generative AI technology is increasingly applied in wider fields, such as media, finance, retail, healthcare, and intelligent manufacturing, it added.
The consultancy said in another report that the demand for computing power will see explosive growth driven by the rapid development of AI, the internet of things and other cutting-edge technologies.
China's total computing power is expected to exceed 360 EFLOPS in 2026, with the compound annual growth rate reaching 20 percent between 2024 and 2026.
EFLOPS is a unit of the speed of computer systems, and it equals to one quintillion floating-point operations per second.
In addition, Chinese enterprises' expenditures on digital transformation of businesses stood at 2.3 trillion yuan in 2023, according to CCID Consulting.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Intuition news portal”。http://bulgaria.3elevenboutique.com/news-57e999843.html
Related articles
Georgia QB Jaden Rashada sues Florida coach, others over failed $14M NIL deal
businessGAINESVILLE, Fla. (AP) — Former Florida recruit and current Georgia quarterback Jaden Rashada is sui ...
【business】
Read moreTom Holland praises his 'incredible' Romeo & Juliet co
businessTom Holland's return to the stage was anything but a Shakespearean tragedy.After the MCU star, 27, m ...
【business】
Read moreTiffany Haddish reveals if she's bothered by ex
businessTiffany Haddish recently dished on her former romance with Common and revealed if she's bothered by ...
【business】
Read more
Popular articles
- French Olympic fencer Thibus says she has been cleared of any wrongdoing after abnormal doping test
- Families suing over 2021 jet fuel leak into Navy drinking water in Hawaii seek $225K to $1.25M
- Ippei Mizuhara, ex
- Austrian court says convicted rapist Josef Fritzl can be moved to prison from psychiatric detention
- Head of FEMA tours deadly storm damage in Houston area as more residents get power back
- Swiatek on course for Madrid
Latest articles
A woman has died in a storm in Serbia after a tree fell on her car
Golden State's WNBA expansion franchise to be known as the Valkyries
Stott homers in 9th off Edwin Diaz, adds tiebreaking SAC fly in 10th as Phillies edge Mets 5
Sports betting: Bettors turn to WNBA this year, mainly because of Caitlin Clark's arrival
Trial of Sen. Bob Menendez takes a weeklong break after jurors get stuck in elevator
Missile fired by a drone kills 4 members of a family in Pakistan near the Afghan border, police say
LINKS
- Lecherous family doctor, 47, who 'desecrated' a terminally
- France should bring rational voice to EU trade policy on China
- Xi Plants Trees in Beijing, Urging Nationwide Afforestation Efforts for Beautiful China
- Top Chinese diplomat stresses China
- Xi Says China to Cooperate with Micronesia on Infrastructure, Climate Change
- Royal Marines preparing to lead 'Dunkirk
- To jointly write new stories of friendship between Chinese, American people in new era
- London mayoral hustings descends into mayhem as Sadiq Khan is heckled by man about the 'absolute doo
- Xi Meets National Assembly of Vietnam Chairman, Urges Strong Sense of Community with Shared Future
- Meal services for elderly to expand nationwide