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Strategic Development of Technology in China
book

Strategic Development of Technology in China

by Kelly Luo
November 2022
Intermediate to advanced
198 pages
4h 26m
English
Business Expert Press
Content preview from Strategic Development of Technology in China

CHAPTER 3

Artificial Intelligence (AI)

In the book titled The age of AI and our human future by Henry Kissinger, Eric Schmidt, Daniel Huttenlocher, they defined AI as machines that can perform tasks that require human-level intelligence. AI, powered by new algorithms and increasingly plentiful and inexpensive computing power, is becoming ubiquitous.

According to Statista, the amount of money invested annually into start-up companies working in the AI market worldwide has continuously increased from 2014 to 2021. In 2020, AI start-ups attracted around 36 billion U.S. dollars in investment. Just in the first six months of 2021, this figure surpassed and reached 38 billion U.S. dollars.

Source: Statista, March 17, 2022. Funding of AI start-up companies ...

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Publisher Resources

ISBN: 9781637423974