China is beating the US in many areas of artificial intelligence, A.I. firm says

The two largest economies in the world are at the forefront of artificial intelligence development, but the jury is still out on which country is leading the race, according to a start-up with a presence in both the United States and China. "I think it's still early days. China probably leads on the retail end and consumer front, whereas the U.S. probably leads on autonomous driving for now," Daniel Tu, president and chief product and platform officer at Gen.Life, said Monday at the UBS Greater China Conference in Shanghai. Gen.Life is a start-up that uses technology such as A.I. to measure risks and improve the pricing and distribution of insurance products. The one-year-old firm is backed by major insurance firms such as AIA and American Family Insurance.