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China is racing to catch the US in AI, but demos show China has far to go; Preqin: AI investments in the US were $26.6B in the year to mid-June vs. China's $4B (Bloomberg)

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June 28, 2023, 4:30 a.m. |

Techmeme www.techmeme.com


Bloomberg:

China is racing to catch the US in AI, but demos show China has far to go; Preqin: AI investments in the US were $26.6B in the year to mid-June vs. China's $4B  —  China's tech sector has a new obsession: competing with US titans like Google and Microsoft Corp. in the breakneck global artificial intelligence race.

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