20240515 Biz spot China AI cloud service main 1

In China, the buzz over AI models was expected to spur a significant increase in demand for AI computing and related services, but the most recent quarterly earnings did not paint the expected rosy picture. (Photo by Reuters) © Reuters

China's cloud service providers are still waiting for AI to make it rain

Alibaba, Baidu and ByteDance battle for customers as a price war weighs on revenue

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