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In 2024, Alibaba Cloud emerged as the frontrunner in China's Artificial Intelligence Infrastructure-as-a-Service (AI IaaS) market, capturing a commanding 23% share, significantly surpassing the combined market shares of the second and third-placed companies. Within the realm of generative AI infrastructure, Alibaba Cloud asserted its dominance in both the model training and inference segments. As large models proliferate, generative AI IaaS has surged to prominence, accounting for over 70% of the total AI IaaS market. According to IDC, the demand for AI computing power is poised to reach a pivotal inflection point in 2025, with the proliferation of inference scenarios poised to unlock vast new market opportunities for domestic computing power providers.
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