Guangdong’s AI industry reaches US$25 billion as province competes with Beijing, Shanghai
- Shenzhen’s AI industry accounts for more than 40 per cent of Guangdong’s output, but Beijing still reigns with AI output worth US$34.9 billion
Much of the AI output growth is being driving by Shenzhen, the technology hub that borders Hong Kong, which contributed 80 billion yuan, or 44 per cent, of that valuation, according to a report by the state-backed Shenzhen Special Zone Daily, which the Shenzhen government republished on its website on Sunday.
There were about 489,000 AI-related companies in Guangdong last year, including more than 1,200 publicly traded enterprises, according to the report, citing data from the provincial department of industry and information technology.
The size of Guangdong’s AI industry still lags behind Beijing’s and Shanghai’s. China’s capital and its finance hub have more robust start-up ecosystems. As home to the country’s top universities, Beijing has the largest AI industry in the country and the most talent.
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AI ‘coaching’ replacing human instructors at hi-tech Chinese driving school
Beijing’s AI industry output value surpassed 250 billion yuan in 2023, according to official data. The city launched 82 large language models (LLMs) last year, accounting for more than 40 per cent of the country’s total and ranking first in the category.
