BofA Securities expects cloud to remain "the largest and most visible monetization model" in China for enterprise AI services. Rising compute requirements for AI training and inference are likely to support the demand, its analysts say in a research note. A growing adoption of "Model as a Service", a cloud-based approach that lets users access AI models through APIs, is also likely to help demand, BofA says. Enterprise-related demand is likely to support China's overall AI monetization in the near-term, they add. (tracy.qu@wsj.com)