Alphabet Is Building Artificial Intelligence Team in China

The race for AI talent in China could be what the Chinese government wants. Betting on innovations such as AI to bolster its economic fortunes, China is hoping to become the world's top AI innovation hub by 2030. In seeking to set up an AI research base in China, Google may be interested more in taking advantage of the country's massive data trove than tapping into its talent pool. With its hundreds of millions of Internet users, China is a treasured source of data to fuel AI innovations. According to Grand View Research, AI innovations will generate $35.9 billion in direct revenues by 2025, which is far more than $641.9 million in 2016, as you can see in the above chart.