FAP, June 15 (FAP)-Chinese mainland's cloud infrastructure spending rose 6 percent in the first quarter of 2023 from a year earlier to $7.7 billion, accounting for 12 percent of global cloud spending, according to a report by analyst firm Canalys. Corporate demand for Shangyun is still low, and the overall market has maintained single-digit growth for three consecutive quarters. With the relaxation of epidemic restrictions, the demand for telecommuting and online meetings has receded. Companies remain cautious about their IT budgets. The slowdown of cloud computing consumption in the stock market and the limited cloud computing investment in the incremental market have led to a decline in the overall growth rate of China's cloud computing market. As ChatGPT leads the AI wave, generative AI and AI models are highly sought after and are expected to bring new growth opportunities to the cloud services market.