China's AI industry reaches $70.37bn scale, with 4,400 enterprises, ranking 2nd globally in LLM technology.
China's AI industry has rapidly grown, reaching a total scale of 500 billion yuan ($70.37bn) and over 4,400 related enterprises. AI applications span sectors such as autonomous driving, medical surgeries, and LLMs. China ranks second globally in LLM technology, with Baidu's Ernie Bot having over 200 million users. Experts predict more innovative AI applications and products in the future, making China a leading country in AI application.
April 28, 2024
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