China is seeking to be the global leader in artificial intelligence (AI) development by 2025, as revealed in its latest plan to build world-class technology, as tensions increase over the application of AI in military tech globally. AI industries in China will be worth more than CNY150bn ($59.07bn) by 2020 and CNY400bn ($22.15bn) by 2025, said the State Council. China is investing heavily in AI technology, with a mix of private and state-backed initiatives. Chinese authorities see AI as the latest industrial revolution, after the internet and electricity.
China is seeking to be the global leader in artificial intelligence (AI) development by 2025, as revealed in its latest plan to build world-class technology, as tensions increase over the application of AI in military tech globally. AI industries in China will be worth more than CNY150bn ($22.15bn) by 2020 and CNY400bn ($59.07bn) by 2025, said the State Council. China is investing heavily in AI technology, with a mix of private and state-backed initiatives. Chinese authorities see AI as the latest industrial revolution, after the internet and electricity.