Feb 09, 2024 10:31 AM

CX DAILY

CX Daily: China’s Software Service Providers Bet on AI Amid Funding Chill

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The WSP Office booth at the World Artificial Intelligence Conference in Shanghai on July 8. Photo: VCG

The WSP Office booth at the World Artificial Intelligence Conference in Shanghai on July 8. Photo: VCG

Software /

China’s software service providers bet on AI amid funding chill

The Chinese software service industry is heading into a capital winter as the buzz of the late 2010s and flood of investment have yet to generate any headline-grabbing success stories. But as downtrodden investors pull back from much of the sector, one niche is still attracting capital: software as a service (SaaS) combined with artificial intelligence (AI).

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