China Dominates Global Open-Source AI Market, Capturing 89% of Corporate Spending
Chinese artificial intelligence models are rapidly asserting dominance in the global market, capturing an overwhelming 89% of corporate spending on open-source AI models, according to a new study.
This significant share represents nearly nine-tenths of the entire market. Menlo Ventures Report Highlights China’s AI Ascendancy These striking figures were revealed in a report by prominent Silicon Valley venture capital firm Menlo Ventures.
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