Goldman's Solomon does not have a central fact

Investment Analysis Clubs Macro Economic Trends and Risks
21

During the pandemic there was some sort of report that had veracity about China having 1000 extremely talented AI scientists. The US similar number of top people. But the Shanghai budget alone was $16 billion for AI. China employed 230k people in AI at that time as programmers.

That is what I mean in part.

The other part, just because it can be done does not make it profitable.

I also said I do not trust the US situation.

I trust second attempts more in tech.

To answer your questions regardinng “sudden”, no nothing will be sudden.

adding

Currently the response rate that AI data centers aim for is sudden in a sense of how quick. As much of this proves unprofitable and yet continues to be profitless AI in the US will be slower to respond. The current demands on the infrastructure will increase as less is spent on the hardware in relative terms.

22

You have no idea about what you are talking. You are just BS’ing in general. What do you truly know about any of the Chinese AI companies, or their financial model, or cap structure?

Thanks for the conversation anyhow.

23

You were not able to have a mature conversation.

Name a few profitable Chinese AI companies? Based on their AI operations.

24

AI Overview

Major Chinese companies with profitable AI divisions include tech titans like Alibaba, Baidu, and Tencent, which integrate AI into their cloud services, e-commerce platforms, and digital products to drive revenue and offer new consumer experiences. Other companies generating revenue from AI include the AI-focused firm SenseTime in areas like facial recognition and smart devices, iFlytek for sound recognition, and iFlytek and Ubtech Robotics are other major players.

Large Tech Companies Integrating AI

  • [image]

Alibaba

generates revenue from AI-powered advertising, e-commerce sales, and cloud computing services through its Alibaba Cloud division. They also develop AI for video generation and other applications.

  • [image]

Baidu

is a leader in AI with a profitable AI Cloud service and the Apollo autonomous driving platform. They offer AI-powered solutions and have a significant share in the market with their AI-centric products.

  • [image]

Tencent

utilizes AI across its vast ecosystem, from gaming and digital assistants to mobile payments and cloud services, driving revenue from these AI-integrated products.

  • [image]

ByteDance

(the parent company of TikTok) applies AI in its applications, such as content recommendation, and has launched AI-driven video generation tools, benefiting from the vast amounts of user data.

AI-Specialized Companies

Results for these companies posted by me below

focuses on facial and sound recognition, computer vision, and developing responsible AI technologies.

is a leading company in sound recognition and the development of intelligent speech technologies.

is a global leader in AI and humanoid robotics, generating revenue from its robotic products.

Other Notable Companies

  • JD.com: also uses AI to boost e-commerce and livestreams, contributing to positive revenue.
  • Companies like Moonshot AI and Zhipu AI are emerging as major players at the forefront of developing large language models and other foundational AI technologies.
From above SenseTime


Based on financial reports, SenseTime is <mark>not currently profitable</mark> but is significantly narrowing its losses. Its CEO announced in May 2024 that the company is on a "fast track to profitability".

2025 interim results (first half)

In the first half of 2025, SenseTime continued to reduce its losses while achieving strong revenue growth in its generative AI business.

From above iFlytek

iFlytek goes back and forth in profitiblity depending on the investment cycle in the corporation.

According to its latest financial reports, iFlytek has recently returned to profitability after a period of significant investment and some quarterly losses in 2024. While the company reported a net loss for the first half of 2024, its subsequent performance turned positive, and its overall financial health shows signs of improvement.

2024 financial highlights

  • Quarterly Profit: iFlytek recorded a profit of 56.96 million yuan in the third quarter of 2024, an increase of 120.87% year-on-year.
  • First-Half Performance: For the first six months of 2024, the company reported a net loss of 400.67 million yuan, though this loss narrowed significantly compared to the same period in 2023.
From above Ubtech Robotics

Based on its financial reporting, UBTECH Robotics is not currently making a profit and has experienced net losses for several years. The company operates on a model of high-growth with significant research and development costs, which has historically led to net losses, although it is reducing them.

Financial performance highlights

* **Net Losses:** As of its 2024 earnings report, UBTECH's net loss was 1.16 billion yuan (approximately $160 million USD), despite a rebound in revenue. In the first half of 2025, the company reported a reduced operating loss of 439 million yuan, an improvement over the previous year.
* **Revenue growth:** The company has seen its revenue increase in recent years. In 2024, revenue grew 23.7% year-over-year to 1.3 billion yuan.
1 Like
25

Mature conversations require other person also to be mature. Just doing ChatGPT and posting something that is irrelevant doesn’t make you mature. I have been studying on Chinese IT companies for at least 3 years, and their AI effort for 2 years. I have posted extensively on BABA and various Chinese AI efforts with numbers. My posts are insights driven from that (doesn’t have to be correct )… not some ChatGPT meaningless information.

First of all this question shows, one your own lack of knowledge about Chinese AI companies and even important part is why “profitability” even a metric for a company that is investing very heavily in developing a frontier technology???

2 Likes
26

No one here cares how important you imagine you are.

Discuss profits or go home.

27

You are portraying something that is not real. Profits, the bottom line, is everything. Other than the top line.

You have next to nothing. There are next to no profits.

This is the top of the market globally if not now this minute, in the course of a life time, within a few months because Xmas is coming up.

You are bullish which is just wrong. Bullish at ultra highs in the markets is mean if anyone listens to you. Expert? Really? You studied profitless companies you are expert in. That is not saying anything.

People here have been around the block several times. No one is sold that buying into the highs is a good notion.

It is truly arrogant, but you do not know that.

If you flag this post, I am complaining that you are touting stocks at highs in the market instead of having honest discussions. You brought up your expertise. Come down to earth.

The sweet irony, you will look back a few years from now. If you listen now you will save yourself a lot of heart ache. But you won’t listen now. This is going to cost you. I am not against you. I am not on the other side of a debate. It is something different than any of that.

Accounting is accounting and economics is economics. Neither of them favor anything you are are touting. If anyone else did this amongst us you’d have choice words for him or her.

1 Like
28

No, AI stocks are not broadly falling; while some individual stocks and tech sectors experienced pulling back in early October 2025, analysts still largely see AI as a strong buy with significant growth potential, although there are concerns about recent cracks in AI software stock valuations. There are mixed signals, with a recent survey showing a drop-off in corporate AI use alongside continued high investment in AI infrastructure.

I will venture a drop off in corporate usage is because the products are not good. Kids age 14 use the slang word “clanker” for AI and robot products that are failures.