china foster innovative ai research
China fosters innovative AI research through competition
The Chinese government has been unequivocal in its goal to become the global AI leader. Three of the largest tech companies in China -- Sougou, China's second-biggest search giant, Sinovation Ventures, and internet firm Bytedance -- have joined forces to bring that plan to fruition. The companies pooled funds and data to create the AI Challenger contest. The contest features a prize pool of 2 million yuan, or approximately $300,000. Entrants will presumably be judged on innovation in the field of AI research.