Goldman Sachs: China is catching up to the U.S. in AI

The pace of AI innovation in China is putting it on track to catch up to the US, according to a report from Goldman Sachs. Goldman Sachs, a leading global investment firm, highlights China’s resources and ambitious plans for an intelligent economy based on AI. The report is titled "China's Rise in Artificial Intelligence” and says both companies and the Chinese government are putting their weight behind AI. In fact, back in July, the Chinese government announced it will increase...