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China Generative AI Industry Market Hot Spot Monthly Analysis Report (May 2024)

author:Industry Report Think Tank

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Abstract: The report shows that in 2024, "artificial intelligence+" is no longer just a concept, but like an unstoppable torrent, deeply integrated into our daily life, promoting the comprehensive upgrading of social economy.

In May, the sharp reduction in the price of AI computing power has become a bright spot in the industry, which means that the threshold for the use of generative AI has been significantly lowered, and more enterprises and individuals will have the opportunity to participate in this technological feast. From the end-to-end side of the cloud, the performance of multi-modal and device-side models has been improved, bringing AI closer to users, from intelligent dialogue to image generation, from text writing to virtual social networking, all of which demonstrate the infinite possibilities of AI technology.

The enthusiasm of the capital market is undoubtedly a thermometer of the vitality of an industry. Unicorns in the field of generative AI, such as the dark side of the moon and Baichuan Intelligence, have a valuation of more than 10 billion yuan soon after their establishment, and the speed is remarkable. Behind this, it is not only technological innovation, but also the market's high recognition of the ability of AI technology to solve the pain points of the industry. Whether it is industrial design, intelligent driving, or home decoration design, the accelerated implementation of vertical industry applications has made the value of AI move from concept to reality, and the continuous influx of capital has undoubtedly given wings to the development of the industry.

Among the user groups of generative AI, we see a distinct trend: highly educated, younger, and white-collar workers. This group of pioneers at the forefront of science and technology is using their needs and creativity to push the boundaries of AI applications to the next level. Whether it's professionals seeking to improve efficiency or the younger generation exploring the novel experience of virtual social networking, generative AI is shaping a more personalized and intelligent lifestyle with users at the center.

In industries such as e-commerce, mother and child, search, and education, the application of large models has moved from proof of concept to deep embedding in actual scenarios. These industry models, by accurately capturing the pain points of the industry, are gradually changing the traditional business format. Whether it's personalized recommendations on e-commerce platforms or personalized teaching in education, AI is optimizing user experience and improving industry efficiency in an unprecedented way.

Excerpts from the report are set out below

China Generative AI Industry Market Hot Spot Monthly Analysis Report (May 2024)
China Generative AI Industry Market Hot Spot Monthly Analysis Report (May 2024)
China Generative AI Industry Market Hot Spot Monthly Analysis Report (May 2024)
China Generative AI Industry Market Hot Spot Monthly Analysis Report (May 2024)
China Generative AI Industry Market Hot Spot Monthly Analysis Report (May 2024)

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