China dominates global AI landscape, hosting over a third of AI large language models

China now leads in the global AI industry, boasting over a third of the world’s 1,328 large language models and 15% of nearly 30,000 AI enterprises, as revealed by a recent whitepaper from the Global Digital Economy Conference 2024.

China has cemented its position as a global leader in the field of artificial intelligence (AI), hosting more than a third of the world’s 1,328 large language models and accounting for 15% of the nearly 30,000 AI enterprises worldwide. These impressive statistics were unveiled in a comprehensive whitepaper released during the Global Digital Economy Conference 2024, held in Beijing on Tuesday.

The whitepaper highlights China’s rapid and significant advancements in AI, underlining the country’s strategic focus on becoming a dominant force in this transformative industry. Large language models, such as those used in applications like ChatGPT and other advanced AI systems, have seen exponential growth in China. The country now houses approximately 450 of these models, demonstrating its capability to develop and deploy sophisticated AI technologies on a large scale.

China’s AI industry is marked by robust investment, innovation, and a favourable policy environment that encourages technological development. The government has played a pivotal role in fostering this growth, with initiatives aimed at boosting research and development, supporting AI startups, and integrating AI into various sectors of the economy. This proactive approach has led to a thriving ecosystem of AI enterprises, which make up 15% of the global total, translating to around 4,500 companies operating in the AI space within China.

These AI enterprises span a wide range of applications, from healthcare and finance to autonomous driving and smart cities. The rapid growth of AI companies in China is driven by significant investments from both public and private sectors. Venture capitalists and tech giants are heavily funding AI startups, promoting innovation and speeding up the adoption of AI technologies for commercial purposes.

Moreover, the whitepaper underscores the role of China’s vast pool of talent in driving AI development. The country is home to a large number of AI researchers and engineers who are at the forefront of technological innovation. Universities and research institutions across China are contributing significantly to the global AI knowledge base, publishing influential research and developing cutting-edge technologies.

China’s dominance in the AI landscape also extends to its integration of AI into the digital economy. AI is playing a crucial role in enhancing productivity, improving efficiency, and driving economic growth in various sectors. From AI-driven manufacturing processes to intelligent supply chains and AI-enhanced customer service, the applications are vast and transformative. The integration of AI into the digital economy is creating new opportunities for businesses and reshaping the competitive landscape.

The Global Digital Economy Conference 2024 serves as a testament to China’s commitment to leading the digital transformation globally. The event brought together industry leaders, policymakers, and researchers to discuss the future of AI and its impact on the global economy.