On April 16, the group standard of "Compliance Guidelines for Generative AI Data Applications", led by the National Industrial Information Security Development Research Center and managed by the China Electronic Chamber of Commerce, was officially released and will be implemented from May 1. As an innovative enterprise in the field of generative artificial intelligence, Xiaoying Technology participated in the drafting of the standard, and many other companies such as Alibaba, Ant Group, and SenseTime also participated.
The Compliance Guidelines for Generative AI Data Application focus on the compliant use of AIGC data throughout its life cycle, and provide specific compliance means, compliance systems, and management methods that can be used as reference for enterprises to provide services involving data application using AIGC technology, including data collection and annotation, preprocessing of training data, and content generation services.
In the past two years, the rapid development of generative AI has prompted the application layer industry to blossom, and a large number of innovative enterprises have actively used new technologies to explore the new potential and new value of the original track in various fields such as content creation, marketing, office, and education. Relevant data show that the mainland AIGC application market will reach 20 billion in 2024, and by 2030, the mainland AIGC application will become a trillion-scale market, with an average compound growth rate of more than 30% in five years (2024-2028).
As a leading enterprise in the field of content creation, Xiaoying Technology invested in the research of generative artificial intelligence related technologies early to enhance the global influence of the core To C video creation software product matrix. In addition, in the past two years, the company has also vigorously deployed To B innovative services, expanding AIGC-related businesses such as smart video creation services, AI short drama creation services, and AI marketing video creation services.
Just last week, the China AIGC Industry Summit hosted by qubits was held in Beijing, at which the "2024 China AIGC Application Panorama Report" was released. According to the analysis of the qubit think tank, the popularity of technology determines the maturity of the application to a certain extent. Content creation is undoubtedly at the forefront, and companies in related fields are more likely to stand out in the fierce competition in the future.
It is also with its deep accumulation in the industry that Xiaoying Technology participated in the drafting of the "Compliance Guidelines for Generative AI Data Applications", demonstrating its active role in promoting the standardization and development of the industry, and is committed to contributing to the healthy development of the industry. In fact, in the field of data application compliance, the company strives to be at the forefront of the industry.
As of February this year, Xiaoying Technology has obtained a total of five "deep synthesis service algorithm filings", actively following the requirements of the Cyberspace Administration of China in the algorithm data compliance system, and in October last year, Xiaoying Technology officially passed the "Data Security Management Capability Certification (DSMC) Certificate" issued by the Ministry of Industry and Information Technology and the China Academy of Information and Communications Technology, and obtained the national authoritative certification in the field of data security, and is also the first batch of enterprises to obtain DSMC certification.
Looking forward to the future, Xiaoying Technology will continue to uphold the concept of innovation-driven and compliance-first, continue to deepen the application of AIGC technology in the field of content creation, help global creators unleash their creative potential, and jointly explore a broader market space. With the continuous expansion and maturity of the AIGC market, Xiaoying Technology is expected to take the lead in the new trillion-level market and lead the industry towards a more prosperous future.