Add 'The next Frontier for aI in China could Add $600 billion to Its Economy'

The-next-Frontier-for-aI-in-China-could-Add-%24600-billion-to-Its-Economy.md

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+<br>In the past years, China has built a strong foundation to support its [AI](https://www.com.listatto.ca) economy and made considerable contributions to [AI](https://54.165.237.249) worldwide. Stanford University's [AI](http://git.zonaweb.com.br:3000) Index, which evaluates [AI](https://www.athleticzoneforum.com) developments worldwide across various metrics in research, advancement, and economy, ranks China among the top 3 nations for international AI vibrancy.1"Global AI Vibrancy Tool: Who's leading the international [AI](https://pakfindjob.com) race?" Artificial Intelligence Index, Stanford Institute for Human-Centered Artificial Intelligence (HAI), Stanford University, 2021 ranking. On research, for instance, China produced about one-third of both AI journal documents and [AI](https://git.apps.calegix.net) citations worldwide in 2021. In financial financial investment, China accounted for nearly one-fifth of international private financial investment funding in 2021, bring in $17 billion for AI start-ups.2 Daniel Zhang et al., Artificial Intelligence Index report 2022, Stanford Institute for Human-Centered Artificial Intelligence (HAI), Stanford University, March 2022, Figure 4.2.6, "Private investment in AI by geographic location, 2013-21."<br>
+<br>Five kinds of AI business in China<br>
+<br>In China, we find that [AI](http://g-friend.co.kr) business normally fall under among 5 main classifications:<br>
+<br>Hyperscalers establish end-to-end AI innovation capability and collaborate within the environment to serve both business-to-business and business-to-consumer business.
+Traditional industry business serve customers straight by establishing and embracing AI in internal change, new-product launch, and customer support.
+Vertical-specific AI companies develop software and solutions for particular domain use cases.
+[AI](https://marcosdumay.com) core tech suppliers offer access to computer system vision, natural-language processing, voice recognition, and artificial intelligence abilities to establish [AI](http://football.aobtravel.se) systems.
+Hardware business provide the hardware infrastructure to support AI need in calculating power and storage.
+Today, AI adoption is high in China in finance, retail, and high tech, which together represent more than one-third of the country's AI market (see sidebar "5 types of [AI](https://staff-pro.org) companies in China").3 iResearch, iResearch serial market research on China's [AI](http://211.119.124.110:3000) industry III, December 2020. In tech, for example, leaders Alibaba and ByteDance, both household names in China,  [forum.batman.gainedge.org](https://forum.batman.gainedge.org/index.php?action=profile