In the previous years, China has actually developed a strong foundation to support its AI economy and made substantial contributions to AI globally. Stanford University's AI Index, which assesses AI improvements around the world across different metrics in research study, development, and economy, ranks China among the top three nations for global AI vibrancy.1"Global AI Vibrancy Tool: Who's leading the worldwide AI race?" Expert System Index, Stanford Institute for Human-Centered Artificial Intelligence (HAI), Stanford University, 2021 . On research, for instance, China produced about one-third of both AI journal documents and AI citations worldwide in 2021. In economic financial investment, China represented almost one-fifth of worldwide personal investment funding in 2021, bring in $17 billion for AI start-ups.2 Daniel Zhang et al., Artificial Intelligence Index report 2022, Stanford Institute for Human-Centered Artificial Intelligence (HAI), Stanford University, March 2022, Figure 4.2.6, "Private investment in AI by geographic area, 2013-21."
Five types of AI companies in China
In China, we find that AI companies normally fall into among five main classifications:
Hyperscalers establish end-to-end AI technology ability and collaborate within the environment to serve both business-to-business and business-to-consumer business.
Traditional industry business serve customers straight by establishing and embracing AI in internal change, new-product launch, and customer care.
Vertical-specific AI business establish software application and setiathome.berkeley.edu services for particular domain usage cases.
AI core tech companies offer access to computer vision, [forum.batman.gainedge.org](https://forum.batman.gainedge.org/index.php?action=profile
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The next Frontier for aI in China might Add $600 billion to Its Economy
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