【Institution: China's Mainland Cloud Service Spending Grows 11% in Q3】Jin10 Data, December 24, reported that market research firm Canalys stated that in the third quarter of 2024, spending on cloud infrastructure services in Mainland China reached $10.2 billion, a year-on-year increase of 11%, returning to double-digit growth. AI is gradually becoming an important driving force for the adoption of cloud computing, with more and more companies embedding AI capabilities into cloud-based applications to enhance intelligence levels and streamline operational efficiency. For example, scenarios such as AI intelligent recommendations and automated operations and maintenance have been more widely adopted across multiple industries. (Source: Jin10 Data)