Why The Race For AI Dominance Is More Global Than You Think - News Summed Up

Why The Race For AI Dominance Is More Global Than You Think


GettyWhen people hear about the race for Artificial Intelligence (AI) dominance, they often think that the main competition is between the US and China. The Current Leaders in AI Funding and Dominance: US and ChinaAI startups are raising more money than ever. The government aims to make the AI industry worth about $150 billion and is pushing for greater use of AI in a number of areas such as the military and smart cities. South KoreaSouth Korea’s government is a significant investor and strong supporter of local technology development, and AI is certainly no exception. It has a goal to invest about $1.3 billion in AI investment from both public and private funds over the coming years.


Source: Forbes February 09, 2020 06:00 UTC



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