On December 23, the reporter learned from SenseTime that in the "China Intelligent Computing Service Market (2024 First Half) Tracking" report released by the international authoritative consulting agency IDC, SenseTime Technology ranked top 3 in the GenAI IaaS (Generative AI Infrastructure as a Service) market with a market share of 13.3%, ranking in the first echelon of the GenAI IaaS field. The report shows that in the first half of 2024, the overall market for China's intelligent computing services increased by 79.6% year-on-year, and the market size reached 14.61 billion yuan. According to IDC's forecast, the compound growth rate of China's intelligent computing service market from 2023 to 2028 will reach 56.2%, and the overall market size will reach 182.5 billion yuan in 2028. The GenAI IaaS market will grow at a compound growth rate of 79.0%, and it is expected that the market size will account for 50% of the overall market in 2028.