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artificial intelligence model market

Coverage of artificial intelligence model market in the Nexus archive.

Earliest in view: Aug 5 · 10:30 UTCMost recent: Aug 5 · 10:30 UTC

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BUSINESSAug 5 · 10:30 UTCSCMP WORLD
China’s AI revenue projected to reach US$13b on breakthroughs, adoption: Goldman Sachs
Goldman Sachs raised its revenue forecast for China’s AI model market to US$13 billion, citing cost efficiency, technical breakthroughs, and aggressive price cuts by companies like DeepSeek and MiniMax. The investment bank increased its annualised recurring revenue projection by 30% from US$10 billion.