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The consulting firm Frost & Sullivan has released its "2024 White Paper on Outstanding Cases of Large Model Industry Applications in China," revealing that the implementation of China's AI large model industry significantly accelerated in 2024. The market size surged from 10.5 billion yuan in 2023 to 16.5 billion yuan, marking a year-on-year increase of 57%. This momentum is projected to continue, with the market expected to reach 62.4 billion yuan by 2028, reflecting a compound annual growth rate of 40%. The report provides a comprehensive evaluation across three critical dimensions: product technology, service capabilities, and industry experience. Among the eight mainstream vendors assessed, Baidu Intelligent Cloud emerged as the frontrunner, securing the top spot in enterprise-level product application competitiveness.
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