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.
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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
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