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China surges ahead of US in AI startup funding

Retrieved on: 2018-02-22 06:52:25

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<div><b>Artificial intelligence</b> startups worldwide raised a record $15.2 billion in 2017, according to American research firm CB Insights. Chinese businesses accounted for 48% of the total, up from just 11.6% in 2016. The U.S. placed second with 38%. Chinese startups are plowing much of this funding into facial ...</div>

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