Chinese AI firms are splurging on ads, report finds, as chatbot market gets crowded

Quick Summary:

Tech giants such as Alibaba and ByteDance along with start-ups spent US$70.2 million in the third quarter to promote generative AI products, report finds.

The companies themselves have not published their advertising spending.

Alibaba owns the South China Morning Post.

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Article Details

Author / Journalist: Ben Jiang

Category: Technology

Markets: Hong KongChina

Topics: Marketing According Million Yuan Moonshot Bytedance China Spending Alibaba Advertising Firms

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 09:00:19 (4 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 295 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23472662

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About SCMP

Main Topics: Technology

Official Website: scmp.com

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 days ago

Coverage Areas: Hong Kong

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #41

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