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Chinese firms face pressure on AI investments as US peers’ spending keeps soaring

Artificial intelligence investments by US tech giants continue to soar, dwarfing those of Chinese AI firms, but China’s rising appetite for AI applications will compel its tech companies to increase their AI spending this year, according to analysts. The largest US tech companies are on track for mo

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SCMP Business
2026年4月30日·1 分钟阅读
Chinese firms face pressure on AI investments as US peers’ spending keeps soaring

Image: SCMP Business

Artificial intelligence investments by US tech giants continue to soar, dwarfing those of Chinese AI firms, but China’s rising appetite for AI applications will compel its tech companies to increase their AI spending this year, according to analysts.

The largest US tech companies are on track for more than US$700 billion in AI capital expenditures this year, driven in part by rising memory costs and continuously growing demand for AI applications.

Google and Microsoft on Thursday both said that...

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Chinese firms face pressure on AI investments as US peers’ spending keeps soaring

发布者 SCMP Business

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