China is betting big on Artificial Intelligence

China is planning to invest tens of billions of dollars in the next few years to master artificial intelligence. A large part of Alibaba’s planned $15 billion per year in research and another $10 billion investment by 2020 in quantum computing center and other investments.

Baidu, Alibaba, and Tencent, are many AI experts and building new research centers.

One of the AI startups is SenseTime, which was founded in 2014 and is already among the world’s most valuable AI startups.

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