TECH - Alibaba and ByteDance Dominate China's Growing GenAI Infrastructure Market SCMP Reports | Benzinga
Alibaba Group Holding (NYSE:BABA), along with TikTok owner ByteDance and AI specialist SenseTime, are leading the generative AI (GenAI) infrastructure services market in China, according to IDC.
SCMP reports that these three companies collectively held over 50% of the market in the second half of 2023.
Since the release of OpenAI’s ChatGPT in November 2022, Mainland China has become a global leader ...