Recently, the results of the 2024 Forbes China Artificial Intelligence Technology Top 50 Firms have been released. Dataa Robotics, a cooperative partner of Shanghai International School of Chief Technology Officer （East China Normal University）"Interdisciplinary Research and Demonstration Education Base for Intelligent Robot Application Ecology," and Shanghai Zhizhen Intelligent Network Technology Co., Ltd., a company managed by Xu Yiya, the industry mentor of the school, were selected. Dataa Ranked in Forbes' "2024 China Top 50 Al Tech Firms," & Founder Huang Xiaoqing Honored as "the Most Influential Figure in Artificial Intelligence“.
Since AlphaGo defeated the world's top Go players in 2016, the rapid development of AI has continuously broken through human cognition, and its powerful computing power has also deeply penetrated people's hearts. Subsequently, numerous Chinese companies have flooded into the field of artificial intelligence, actively exploring and applying this cutting-edge technology. At the end of 2022, the rise of Chat GPT marked significant progress in artificial intelligence in the field of natural language processing. People jokingly claim that the era of AI has arrived.
According to iResearch Consulting, the scale of China's artificial intelligence industry has reached 213.7 billion yuan in 2023 and is expected to climb to an astonishing 811 billion yuan in 2028. In addition, the Ministry of Industry and Information Technology also stated in April 2024 that the number of artificial intelligence enterprises in China has exceeded 4500. AI technology has widely and deeply penetrated many industry scenarios such as healthcare, education, finance, and manufacturing, leading a new technological innovation and industrial upgrading.
Forbes China has long been committed to insight into significant changes in business and industry. To showcase benchmark companies and individuals who have achieved remarkable results in the field of artificial intelligence, and to share their successful models and development paths, Forbes China has officially launched the "2024 Forbes China Top 50 Artificial Intelligence Technology Enterprises Selection" activity. This selection lasted for 7 months, conducting in-depth research and analysis on various aspects of the artificial intelligence industry, including technological development, application scenarios, industrial ecology, and market size.
Award selection
Main selection: Forbes China's Top 50 Artificial Intelligence Technology Enterprises in 2024
Sub selection:
Artificial Intelligence Innovation Technology Selection
Selection of Artificial Intelligence Innovation Scenario Applications
Selection of Emerging Artificial Intelligence Enterprises
Selection of Influential Figures in Artificial Intelligence
Selection method
This selection aims to comprehensively evaluate the comprehensive strength and performance of enterprises or individuals in the field of artificial intelligence from a comprehensive and multidimensional perspective by collecting information through various channels, including independent registration by enterprises or individuals, recommendations from authoritative experts, and screening from large databases.
In terms of selection dimensions, we have set the following six dimensions for enterprises:
Technological innovation capability: mainly assesses the R&D investment of enterprises in 2023, the proportion of R&D in 2023, the number and quality of patents obtained, as well as relevant rewards and recognition indicators.
Market performance: It mainly examines the total revenue and profit growth of enterprises in the past three years, market share, industry ranking, and commercial progress of enterprises.
Application and actual impact of achievements: mainly examine the application cases of enterprise innovation scenarios, as well as their industry impact and social benefits indicators.
Investment and financing status: mainly examines indicators such as the latest financing time, relevant investors, financing amount, and total number of financing rounds of the enterprise.
Sustainable development potential: mainly examines indicators such as the future development plan and competitive advantage of the enterprise.
Team culture: mainly examines indicators such as the background, cultural values, and team honor of the enterprise team.
For the selection of influential figures in artificial intelligence, we focus on assessing two dimensions:
Functional responsibilities: Mainly assess the candidate's career experience, achievements, and business direction.
Core output: It mainly assesses the leadership ability, academic achievements, and investment projects of the candidates.
The following are the results of the 2024 Forbes China Top 50 Artificial Intelligence Technology Enterprises selection:
Interpretation of selection
In the main review, we observed that the selected companies have a relatively mature market size, high annual revenue, and leading market share in their respective segments. For example, Shangtang Technology is at the forefront of the artificial intelligence software market, the fourth paradigm is in the field of machine learning, and Tencent Cloud Intelligence is in the field of cloud computing. In addition, in terms of investment and financing, the selected enterprises have strong financial reserves, providing strong capital guarantees for their sustainable development. It is worth mentioning that these excellent enterprises are relatively concentrated in geographical distribution, mainly concentrated in economically developed and technologically rich areas such as Shanghai, Beijing, Guangdong, and Zhejiang.
In the sub selection results, different companies or individuals have demonstrated their unique competitive advantages. Innovative technology enterprises have achieved remarkable results in the dimension of technological innovation, with a total of over 27000 patent applications from 10 selected enterprises; The achievements of innovative scene enterprises are widely applied in entertainment, kitchen, home management, medical and other fields of life, greatly enriching people's life experience; Although emerging enterprises are small in scale and have an average of less than a hundred employees, their team strength is strong, with highly educated and technical talents. They invest heavily in research and development, with an average R&D ratio of up to 300%. Therefore, their revenue growth is rapid and they are in a leading position in the segmented market; Influential figures all hold master's or doctoral degrees and have made outstanding contributions to the development of artificial intelligence.
