Artificial intelligence (AI) is increasingly embedded into every aspect of life, and China is pouring billions into its bid to become an AI superpower. China’s three-step plan is to pull equal with the United States in 2020, start making major breakthroughs of its own by mid-decade, and become the world’s AI leader in 2030.
There’s no doubt that Chinese companies are making big gains. Chinese government spending on AI may not match some of the most-hyped estimates, but China is providing big state subsidies to a select group of AI national champions, like Baidu in autonomous vehicles (AVs), Tencent in medical imaging, Alibaba in smart cities, Huawei in chips and software.
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