Chinese generative AI to account for a third of industry’s economic value by 2035, Beijing think tank says

Chinese generative artificial intelligence (AI) will contribute 30 trillion yuan (US$4.2 trillion) worth of economic value, out of the industry’s 90 trillion yuan globally, by 2035, a Beijing think tank affiliated with China’s industry ministry predicted in a report. In the near term, China’s generative AI market is expected to reach 10 trillion yuan this … Read more