Chinese companies willing to ramp up AI investment

Chinese companies are accelerating the adoption of generative artificial intelligence, as the cutting-edge disruptive technology presents a significant opportunity for enterprises to boost operational efficiency, remain competitive and navigate the complex business landscape, according to a new report released by global consultancy Accenture.

The report said that 87 percent of the surveyed Chinese companies plan to ramp up AI investment in 2025 — a year of rapid change — while 58 percent of the interviewed business executives in China feel that their enterprises' AI development is proceeding faster than initially expected.

Chinese enterprises' current investment in generative AI is mainly concentrated on core technology infrastructure and data, such as AI platforms, cloud and data management, and talent and skills development, Accenture said in the report.