Major cloud service providers in China have been ramping up their offerings of conversational AI products for users and a variety of AI models for enterprise clients. In April, Chinese e-commerce giant Alibaba Group Holding, owner of the Post, launched its own large language model (LLM) Tongyi Qianwen for use in multiple industries. That same month, Huawei Technologies launched Pangu AI for enterprise use.
The Chinese government is also doubling down on its efforts to boost computing power to help accelerate domestic AI development amid a growing technological rivalry with the US.
China now has the second-most computing power in the world at 180 exaflops, a measure of performance based on computations per second, Liu Yulin, an official at China’s Ministry of Industry and Information Technology, said at a conference in Shanghai on Wednesday. The country also has more than 20 million servers, with over 1,000 exabytes of storage capacity, according to Liu.
Cloud computing has been a bright spot for many of China’s tech giants that have been grappling with a slowing economy.
Alibaba Cloud, a unit of Alibaba currently preparing for an initial public offering, leads the industry in China, but it saw revenue shrink for the first time in the first quarter, according to Canalys. It accounted for 34 per cent of the market with US$2.6 billion in revenue for the period, US$80 million less than in the first quarter of 2022.
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