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Despite $6.1 Billion in Funding, China Not Leading in AI Innovation

Over the past four years, Chinese artificial intelligence (AI) startups have received $6.1 billion in funding. However, despite immense amounts of investment and being second only to the U.S. in number of companies focusing on AI, China is not leading in cutting-edge AI innovation. To better understand the progress of AI in China, our friends over at Lux Research, a leading provider of tech-enabled research and advisory services for technology innovation, took a deep dive into China’s AI patents, research papers, venture capital (VC) funding, and other innovation data in their new report, “Will China Take Over the Global AI Industry?”