“Two-thirds of global investment in artificial intelligence is poring in to China, which helped the AI industry there grow 67% last year alone.
China Money Network, a leading source of information on China’s technology sector, recently announced its top 50 AI companies to watch. They included 14 “unicorns” – start-ups with a valuation of $1 billion or more – worth $40.5 billion in total.
China’s government, heavily backing many of these companies, is hoping AI will be worth 1 trillion yuan ($146 billion) to the country by 2030. Here are the top 5 Chinese AI powerhouses, in order of valuation as detailed in the report:”
- DJI
- Ubtech Robotics
- SenseTime
- Cambricon
- Cloudwalk