AI may be how US tech firms finally crack China market

While China may have enthusiasm for foreign AI projects, there is little indication that building up local AI operations will open doors for foreign firms in other areas. The conference aims to show the country’s growing might as a global AI player. The presence of global AI research projects is also a boon for China, which aims to become a global technology leader in the next decade. China’s ambition to be a world leader in AI has created an opening for US firms, which attract the majority of top global AI talents and are keen to tap into China’s vast data. Nevertheless, some speakers paid tribute to foreign AI products, including Xiaomi chief executive Lei Jun, who hailed Google’s Alpha Go board game program as a major milestone, saying he was a fan of the game himself.

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