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AI investments in the U.S. dwarf that of China, totaling $26.6 billion in the year to mid-June versus China's $4 billion, according to previously unreported data collated by consultancy Preqin.
(Bloomberg) -- China’s tech sector has a new obsession: competing with US titans like Google and Microsoft Corp. in the breakneck global artificial intelligence race.Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureQatar Group Now Confident of Winning Manchester United RaceSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineUBS Preparing to Cut Over Half of Credit Suisse WorkforceSweden Police Give Permit to Koran Burning Near Stockholm Mosque Billionai
One of Meituan’s co-founders, Wang Huiwen, has stepped down from his corporate roles at the Chinese food delivery giant because of “personal health reasons,” years after retiring from his senior management position at the company, reports the South China Morning Post. Wang, 44, has resigned as a non-executive director, a member of the Meituan board’s…
(Bloomberg) -- China’s tech sector has a new obsession: competing with US titans like Google and Microsoft Corp. in the breakneck global artificial intelligence race.Most Read from BloombergPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineQatar Group Now Confident of Winning Manchester United RaceSweden Police Give Permit to Koran Burning Near Stockholm MosqueUBS Preparing to Cut Over Half of Credit Suisse Workforce Billionai
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