Baidu and Huawei Technologies collectively accounted for more than 70 per cent of China’s market for cloud services built on home-grown graphics processing units (GPUs) in the first half of 2025, as home-grown artificial intelligence chips gain traction amid rising demand for computing power and a wave of public listing plans. The figures, published in a Frost & Sullivan report released on Sunday, defined “GPU cloud” providers as companies that controlled the full chip-to-cloud value chain –...