Competition outside the US
For now, the US has clearly dominated the AI software space. However, many countries like China are realizing how artificial intelligence is important to their economic future. They are investing heavily in AI development too. On July 20, China’s State Council issued the “Next Generation Artificial Intelligence Development Plan”, which outlines how China will lead the world in AI. Not to be outdone by its neighbor, Japan’s government announced in late August that it is planning to invest billions of yen to fund next-generation semiconductors and other technologies critical to AI development. Read More...
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