China Is Gunning To Be The World Leader In AI Chips While Restricting Exports

Artificial Intelligence (AI) has become a strategic technological battleground between the U.S., China and other countries. The U.S. Government just pledged to increase spending next year on AI from $1.2 billion to $1.5 billion. The importance of AI to the U.S. is captured by a statement from the U.S.’ chief technology officer, Michael Kratsios, saying that the Trump administration had taken “unprecedented action to prioritize American leadership in AI and quantum.” Winning the AI race is potentially the most important challenge technologists face today. China followed suit on August 28 by adding AI to the list of technologies that are restricted or banned from export.

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