For those of you who live in China, recent news about the departure of the Chief artificial intelligence (AI) scientist at Baidu, Andrew Ng, was rather a surprise (for our lovely American readers, Baidu is often dubbed the Google equivalent in China). Mr. Ng was the founder of Google Brain and a leading expert in deep learning, so news that he had jumped ship was alarming because in the world of AI investing, China is up there right behind the U.S. according to a recent article in the South China Morning Post. While China's investment in AI pales in comparison to the U.S., it's still so meaningful that "experts are warning" AI is on the verge of becoming a bubble in China which corresponds with our recent article on "investing in AI stocks". With China's AI market expected to reach $9 billion by 2020, it seems like we're hearing some conflicting messages from over there. Fortunately for our readers, we have some foreign correspondents living in those parts so we thought we would go through the China Money Network list of the top-10 AI companies in China to see what's happening.

We've talked before about the rapid advances being made in the area of speech recognition. It's only a matter of time before companies like Doppler Labs augment our hearing such that we're able to experience real-time language translation. You'll soon be able to call him on that but only if you feel with 100% certainty that the translation is accurate. Why wouldn't language translation be accurate you ask? The simple answer here is one word.