China enlists start-ups in high-tech arms race

Defence procurement was once the preserve of a few secretive Chinese state-owned conglomerates © Bloomberg China’s military is increasingly enlisting smaller private sector start-ups in the race to create the next generation of high-tech weaponry. Once the preserve of a few secretive Chinese state-owned conglomerates, the lucrative realm of defence procurement is gradually being opened to nimbler, cheaper and more innovative private sector start-ups. While the process of including the private sector in military procurement tenders on a large scale started in 2013, it is only recently that the People’s Liberation Army has sourced sensitive next-generation technology such as drones and artificial intelligence from private start-ups. The new strategy has been pioneered by President Xi Jinping who this year created a Military-Civil Integration Development Commission with himself as head.  The fruits…


Link to Full Article: China enlists start-ups in high-tech arms race

Pin It on Pinterest

Share This

Join Our Newsletter

Sign up to our mailing list to receive the latest news and updates about homeAI.info and the Informed.AI Network of AI related websites which includes Events.AI, Neurons.AI, Awards.AI, and Vocation.AI

You have Successfully Subscribed!