Wednesday, June 21, 2017

China Wants To Lead The Ai Industry By 2030

China has just announced its plans to become the leader in artificial intelligence (AI). Many experts in the AI field believe that China is not that far behind the United States when it comes to knowledge of the technology. And with this, China’s government has vowed to intensify its AI suit so it can go past the country’s biggest political rival.

Image source:cia.gov

The Chinese government calls for billion-dollar investments for its domestic initiatives in artificial intelligence. It has also created a blueprint to start collaborations between private sectors, the Chinese military, and local research industries.

Image source:blogs.wsj.com

China has a lot of local scientists and mathematicians who are specializing in artificial technology. They are also increasing their knowledge in cloud computing. In terms of knowledge growth, it’s no surprise that the economic giant can surpass what the United States holds currently in just a few years. Baidu just acquired Raven Tech, an AI-focused startup in February. Raven Tech has just released “Little Fish,” its first ever AI robot, last May.

Steven Rindner is a business executive with expertise in different fields including media, healthcare, technology, and real estate. Read similar updates by visiting this blog.