ChatGPT Inspired Global Wave of AI Activity Only Just Beginning

China’s efforts to catch up to the United States in AI supremacy are multifaceted. The government is investing billions of dollars in AI research and development while also enticing top AI talent from around the world.

One strategy employed by China is inviting billionaires to establish their own AI research labs within the country. For instance, billionaire Jack Ma received a $1 billion grant in 2018 to establish an AI research lab at Alibaba, his company.

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Additionally, China offers lucrative incentives such as high salaries and generous stock options to attract AI experts. In 2019, SenseTime, a Chinese company, offered a $100 million salary to former Google AI researcher Andrew Ng.

The development of ChatGPT, a large language model by OpenAI, has sparked a global wave of AI activity, particularly in natural language processing. ChatGPT’s capabilities in generating human-like text have reignited interest in AI research and inspired the emergence of numerous AI startups.

These startups are focusing on developing AI applications for various industries including healthcare, finance, and transportation, indicating the widespread impact of AI across sectors.

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As the race for AI supremacy unfolds, the ultimate winner remains uncertain. Nevertheless, China’s significant investments in AI research and development establish it as a major contender. The coming years will be crucial in determining the global leader in AI.

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