Executives at Chinese Internet giants, including Baidu, Alibaba and Tencent, are focusing on the development of artificial intelligence and believe the next decades will be a golden age for the industry. "We used to see artificial intelligence only as a way to improve our computing and processing abilities. But, actually, AI can use data for self study and make our rules," said Ma Huateng, chairman and CEO of Tencent, at the China IT Summit in Shenzhen on Sunday. In March 2016, Google's artificial intelligence program AlphaGo scored a 4-1 victory over South Korean Go master Lee Se-dol in a five-round showdown. The machine's victory was noted by AI enthusiasts around the world.