Everything's bigger in China

Recent news about growth of Chinese robotics and related AI indicate just how massive their investments are and how well they are paying off. For example, 90% of the personal robots on display at the IFA consumer electronics trade show held in Berlin in September were developed and manufactured by Chinese companies. Further, Preqin reported that Q3 venture-backed deals totaled $49 billion. Included in the top 10 deals were Uber-competitor Grab's raising $2 billion from SoftBank and Didi Chuxing and Alibaba's $1.1 bn investment in eBay-like Tokopedia and $.8 bn to Cainiao (see below). Half of the top 10 were in Asia; only three were for US-based companies.