China is overtaking the U.S. as the leader in artificial intelligence

Researchers, companies and countries around the world are racing to explore -- and exploit -- the possibilities of artificial intelligence technology. China is working on an extremely aggressive multi-billion-dollar plan for government investment into AI research and applications. The U.S. government has been slower to act. The Obama administration issued a report on AI near the end of its term. Since then, little has happened -- until a Feb. 11 executive order from President Donald Trump encouraging the country to do more with AI.