Mon. Dec 23rd, 2024
Ai Boom Fails To Drive Growth In China's Cloud Market

Signs of AI can be seen at the World Artificial Intelligence Conference in Shanghai on July 6, 2023.

Ally Song | Reuters

BEIJING — Excitement about artificial intelligence hasn’t yet fueled a boom in cloud services spending in mainland China.

“China’s cloud services market remains conservative, relying heavily on the government and state-owned enterprises to drive growth,” tech market analysis firm Canalys said in a report Wednesday.