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  3. China’s AI revenue projected to reach US$13b on breakthroughs, adoption: Goldman Sachs

South China Morning Post

China’s AI revenue projected to reach US$13b on breakthroughs, adoption: Goldman Sachs

Rising cost efficiency and rapidly advancing capabilities from players like DeepSeek and MiniMax have prompted Goldman Sachs to raise its run-rate revenue forecast for China’s artificial intelligence model market by 30 per cent to US$13 billion. In a research note published on Monday, the US investment bank boosted its year-end annualised recurring revenue (ARR) projection for mainland Chinese AI models from US$10 billion, citing aggressive price cuts, technical breakthroughs and accelerating...

Continue with the complete report on the publisher’s website.

Read full article at South China Morning Post
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By South China Morning Post

5 August 2026|1 min read
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Technology & Digital Transformation
China’s AI revenue projected to reach US$13b on breakthroughs, adoption: Goldman Sachs
China’s AI revenue projected to reach US$13b on breakthroughs, adoption: Goldman Sachs
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