Over the next decade, more than US$35 billion has been publicly earmarked by governments to spend on AI development, with US$22 billion promised by China alone. Photo: Shutterstock

Second-place China to overtake the US in global AI race in five to 10 years on current growth, report says

  • Number of AI companies globally has doubled in four years, with almost 20,000 now developing technologies ranging from self-driving cars to medical algorithms
Topic |   Artificial intelligence
Over the next decade, more than US$35 billion has been publicly earmarked by governments to spend on AI development, with US$22 billion promised by China alone. Photo: Shutterstock
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