China says it'll be world AI leader by 2025

China today announced plans to become the global leader in AI research and development. It will increase government spending on core AI programs to $22 billion in the next few years, with plans to spend nearly $60 billion per year by 2025. The announcement sends a clear message: this is the age of artificial intelligence. Reuters reports the Chinese government will soon put forth AI regulations in areas concerning safety, implementation, and control. The US issued a similar statement last year in a White House review of the future of AI.