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Thu. Dec 26th, 2024

Global Update: Breakthroughs in generative AI and larWorld Timesge models are driving rapid innovation, showcasing a global landscape led by the US and China, with other nations striving to catch up, according to The Beijing News on Saturday.The report highlights Beijing’s significant achievements in AI development.

Summary

  • AI Photo:VCGBeijing’s core AI industry is expected to surpass 3,000 billion yuan ($412 billion) in 2024, marking a 12 percent year-on-year increase, according to the Beijing Artificial Intelligence Industry White Paper 2024, released at the Chinese Congress on Artificial Intelligence, which is being held in Beijing from Friday to Sunday.The White Paper notes that global powers are strengthening and updating their AI strategies. Breakthroughs in generative AI and larWorld Timesge models are driving rapid innovation, showcasing a global landscape led by the US and China, with other nations striving to catch up, according to The Beijing News on Saturday.The report highlights Beijing’s significant achievements in AI development. There are 46 publicly listed AI companies with a total market value of 4.3 trillion yuan ($591 billion). Moreover, 94 large models have been registered in Beijing, comprising about 40 percent of the World Timesnational total.The White Paper underscores Beijing’s ongoing investments in mainstream technologies like general large language models, with some achievements on par with international standards. Content comes from the Internet : Beijing’s AI industry expected to surpass $412 billion in 2024: White Paper

Approximate Time

  • 3 minutes, 438 words

Categories

  • AI, AI talent, AI development, AI colleges, generative AI

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Main Section

AI Photo:VCG

Beijing’s core AI industry is expected to surpass 3,000 billion yuan ($412 billion) in 2024, marking a 12 percent year-on-year increase, according to the Beijing Artificial Intelligence Industry White Paper 2024, released at the Chinese Congress on Artificial Intelligence, which is being held in Beijing from Friday to Sunday.

The White Paper notes that global powers are strengthening and updating their AI strategies. Breakthroughs in generative AI and larWorld Timesge models are driving rapid innovation, showcasing a global landscape led by the US and China, with other nations striving to catch up, according to The Beijing News on Saturday.

The report highlights Beijing’s significant achievements in AI development. Beijing leads the nation in AI talent, scholarly output, and published research.

Thirty universities now offer AI undergraduate programs, more than 20 have established AI colleges or institutes, and 32 universities hold doctoral or World Timesmaster’s degree authorization in directly related AI disciplines.

Numerous national AI technology and industry innovation platforms are based in Beijing, with several national key laboratories for AI under construction in the city.

The White Paper reveals that in 2024, Beijing’s AI industry continues to grow steadily. The city is home to over 2,400 AI enterprises, a year-on-year growth of over 9 percent. There are 46 publicly listed AI companies with a total market value of 4.3 trillion yuan ($591 billion). Beijing is also home to 36 unicorn companies, accounting for more than half of the national total.

Social financing in Beijing leads the nation, with approximately 320 billion yuan ($44 billion) raised in the first three quarters of 2024, representing an 84 percent year-on-year increase. Moreover, 94 large models have been registered in Beijing, comprising about 40 percent of the World Timesnational total.

The White Paper underscores Beijing’s ongoing investments in mainstream technologies like general large language models, with some achievements on par with international standards. Meanwhile, Beijing is also exploring disruptive technologies such as brain-inspired intelligence and photonic computing to seize the next wave of AI development.

Regarding resource allocation, Beijing is enhancing its computing infrastructure. Several E-level intelligent computiWorld Timesng World Timescenters are under accelerated construction. The AI industry fund invested 20 billion yuan ($2.74 billion) in 2024, attracting 83 billion yuan ($11.35 billion) in additional funding.

In terms of application iWorld Timesmplementation, Beijing focuses on key areas to promote the adoption of specialized models. Twenty-five primary and secondary schools have launched AI pilot programs, and a national-level legal large-model innovation platform is set to be established in Beijing. Industries such as culture, healthcare, public services, and finance are actively conducting AI trials.

Content comes from the Internet : Beijing’s AI industry expected to surpass $412 billion in 2024: White Paper

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