China is racing to catch the US in AI but demos show China has far to go; Preqin: AI investments in the US were $26.6B in the year to mid-June vs. China's $4B (Bloomberg)

Bloomberg:
China is racing to catch the US in AI, but demos show China has far to go; Preqin: AI investments in the US were $26.6B in the year to mid-June vs. China's $4B  —  China's tech sector has a new obsession: competing with US titans like Google and Microsoft Corp. in the breakneck global artificial intelligence race.

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