China thinks it can build better AI than Google by spending tons of money

Chinese students work on the Ares, a humanoid bipedal robot, displayed during the World Robot Conference in Beijing.Image: AP/REX/ShutterstocKBy Pete Pachal2017-07-21 18:12:11 UTC China sees artificial intelligence dominating our future, and it’s willing to bet $150 billion to make sure it doesn’t get left behind. The Chinese government on Friday announced a major push into the field of artificial intelligence, declaring it would create a $150 billion domestic AI industry by 2030. It also laid out an aggressive timeline in the newly announced national policy: China’s efforts would match other countries’ by 2020, it would have a major “breakthrough” by 2025, and China would become the global “innovation center” for AI by 2030, multiple outlets reported. It’s not like China is starting from scratch, either. It’s been pouring money into AI for years, and some AI startups are finding a welcoming environment in places like Hong Kong. Chinese tech leaders like Baidu and Tencent have already opened AI research centers in the U.S., according to CNN. China is also home to the world’s fastest supercomputers. It’s all well and good to have ambitious goals, though this one is a tacit admission that China’s efforts so far haven’t come close to…

Link to Full Article: China thinks it can build better AI than Google by spending tons of money

Pin It on Pinterest

Share This

Join Our Newsletter

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

You have Successfully Subscribed!