The Role of Open-Source Models in the Large Language Model Market
The large language model (LLM) market was valued at USD 7.81 billion in 2025 and is projected to reach USD 10.65 billion in 2026 and USD 129.97 billion by 2034, growing at a CAGR of 36.7% during the forecast period 2026–2034. Rising partnerships between academia and industry are advancing LLM technology and reshaping the competitive landscape. Key players include Alibaba Group Holding...
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