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
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
