What are the Drivers of Artificial Intelligence Industry, China vs. U.S.?

#artificialintelligence 

Number of companies: As of June 31, 2017, there were 2,542 AI companies worldwide, of which 41%, or 1,078, were located in the U.S. However, the difference between the U.S. and China – 486 companies – is huge. Capital investment: Based on existing data, U.S. – based AI companies have raised a total of 97.8 billion RMB (50.1% of global AI investment) compared to China-based companies that have raised 63.5 billion RMB (33.2% of global AI investment) Human capital: China has 39,200 AI specialists compared to the U.S.' 78,700. Training and retaining talent has become a critical impediment to the development of China's AI industry. Number of investment firms: The U.S. has three times the number of AI investment firms as China does.

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