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Beijing's core AI industry is projected to surpass 300 billion yuan ($41.2 billion) in 2024, reflecting a 12% increase from the previous year. This growth is highlighted in the Beijing Artificial Intelligence Industry White Paper 2024, released during the Chinese Congress on Artificial Intelligence. The report emphasizes the city's leadership in AI talent, research output, and the establishment of numerous AI educational programs.
The White Paper indicates that Beijing is home to over 2,400 AI enterprises and 46 publicly listed AI companies, showcasing a robust ecosystem. With significant investments in AI technologies and infrastructure, the city is also exploring innovative fields like brain-inspired intelligence. The ongoing development of AI applications in education and legal frameworks further underscores Beijing's commitment to advancing its AI capabilities.
• Beijing's AI industry expected to exceed $41 billion in 2024.
• The city leads in AI talent and educational programs.
Generative AI refers to algorithms that can create new content, driving innovation in the industry.
Large models are advanced AI systems that require significant data and computing power, crucial for breakthroughs.
Unicorn companies are startups valued at over $1 billion, indicating a thriving AI startup ecosystem in Beijing.
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