{
  "id": 16891,
  "url": "https://www.scmp.com/tech/big-tech/article/3363059/chinas-ai-revenue-projected-reach-us13b-breakthroughs-adoption-goldman-sachs",
  "title": "China’s AI revenue projected to reach US$13b on breakthroughs, adoption: Goldman Sachs",
  "summary": "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...",
  "authors": "Richard Chen",
  "category": "news",
  "topics": "finance-investment",
  "orgs": "deepseek",
  "regions": "china",
  "published_at": "2026-08-05T10:30:19.000Z",
  "fetched_at": "2026-08-06T05:10:11.148Z",
  "source_slug": "x-scmp-tech-hk-cn",
  "source_name": "SCMP Tech (HK/CN)",
  "source_homepage": "https://www.scmp.com/tech",
  "ethics_ai_record_url": "https://ethics.ai/record/16891",
  "original_url": "https://www.scmp.com/tech/big-tech/article/3363059/chinas-ai-revenue-projected-reach-us13b-breakthroughs-adoption-goldman-sachs",
  "evidence_status": "source-only",
  "attribution": "via ethics.ai"
}