BABA(US:BABA) Zheng Quan Shi Bao Wang·2025-08-20 07:59Core Insights - The AI large model market is experiencing significant growth driven by policy support and rapid application penetration, with the market size in China expected to reach 1.69 billion RMB in 2024 [1] - The development of AI applications is expanding market opportunities, with various sectors utilizing large model platforms for productivity enhancement and customer service [2] - Investment in the AI large model sector is increasing, with notable collaborations and funding announcements indicating a strong interest in commercializing AI technologies [3] Market Size and Growth - The Chinese large model development platform market is projected to reach 1.69 billion RMB in 2024, indicating a robust growth trajectory [1] - The market for Chinese enterprises going abroad in large model platforms is expected to reach 860 million RMB in 2024, highlighting the global expansion of Chinese AI applications [2] - The smart computing market in China is anticipated to reach 25.9 billion USD by 2025, with a year-on-year growth of 36.2% [4] Investment Trends - In 2024, there are expected to be 1,156 investment cases in the AI industry in China, with a total disclosed investment amount nearing 85 billion RMB [3] - The average investment amount in A and B rounds has exceeded 100 million RMB, indicating a trend towards early-stage investments in the AI sector [3] - Major investments include a 250 million USD convertible bond agreement between Meitu and Alibaba, focusing on AI technology and e-commerce collaboration [3] Key Players and Market Dynamics - The top six players in the AI large model platform market include Baidu Smart Cloud, Alibaba Cloud, SenseTime, Zhipu AI, Telecom AI, and Xiyu Technology [2] - Companies like Zhongshu Ruizhi and Shenzhou Digital are also noteworthy for their investments in RAG technology and early launches of large model platforms [2] - The AI large model market is expected to see a surge in multi-modal models and generative AI, with enterprise penetration rates projected to exceed 30% by 2025 [4]