Business Risk of the Artificial Intelligence Industry in China
DOI:
https://doi.org/10.54691/bcpbm.v34i.3195Keywords:
Artificial Intelligence; Smart Speech Recognition; Intelligent Control Solution; AI Computing; Business Risk.Abstract
As one of the rapidly growing markets, artificial intelligence (AI) has seen increased adoption in recent years, As China's AI market has great investment potential, this research analyzes the business risks of Chinese AI enterprises in three different fields – iFLYTEK, TOPBAND and Inspur Electronic Information. By calculating asset beta value and analyzing multivariate factors, this research is committed to providing investors with inspiration for investment in China's AI market. The consequence of the research shows that the riskiest corporation is iFLYTEK, followed by TOPBAND and Inspur Electronic Information. This result is caused by internal factors - operating business categories, R&D, and external factors - the competition in the market segment and the intensity of government support. Through multivariate factor analysis, this research suggests that investors should pay more attention to the R&D capabilities of Chinese AI enterprises, the degree of competition in their market segments, and the degree of government policy support.
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