Chinese Firms Benefit From Consumer AI Uptake

Bloomberg
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Chinese Firms Benefit From Consumer AI Uptake
Bloomberg
Written by Bloomberg
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Alibaba says it's aiming to generate $100 billion in cloud and AI revenue within the next five years. It comes as China's embrace of OpenClaw-style agentic AI has handed rival Tencent an initial advantage. Jacob Cooke, CEO of WPIC Marketing + Technologies, discusses the AI landscape in China with Caroline Hyde on "Bloomberg Tech."

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