Goldman Sachs Projects China's AI Revenue to Reach US$13 Billion
Goldman Sachs projects China's artificial intelligence revenue to reach US$13 billion, driven by breakthroughs and increased adoption of AI technologies.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Low (24/100)Sources
Goldman Sachs' Keung on Chinese AI Models
Ronald Keung, Head of Asia Internet Research at Goldman Sachs, expects competition for best performance-to-cost balance to intensify among Chinese AI developers. He speaks on "Bloomberg: The China Show." (Source: Bloomberg)
Read full article →China’s AI revenue projected to reach US$13b on breakthroughs, adoption: Goldman Sachs
Rising cost efficiency and rapidly advancing capabilities from players like DeepSeek and MiniMax have prompted Goldman Sachs to raise its run-rate revenue forecast for China’s artificial intelligence model market by 30 per cent to US$13 billion. In a research note published on Monday, the US investment bank boosted its year-end annualised recurring revenue (ARR) projection for mainland Chinese AI models from US$10 billion, citing aggressive price cuts, technical breakthroughs and accelerating...
By Richard Chen
Read full article →Coverage Timeline
Related Stories
Australian Airline Jetstar to Charge for Overhead Cabin Baggage from 2027
14m ago
SpaceX Plans Next Starship Launch and Ship Catch Attempt This Month
18m ago
Meta CEO Mark Zuckerberg Apologizes for Child Abuse Ads and Deepfake Issues
20m ago
Finnish Postal Service Posti Faces Delivery Problems, Letter Stuck for Weeks
20m ago