Newsgather

Beijing

Steady958 stories8 sourcesLast updated: 9m ago

Latest Stories

China's AI Economy Lagging Behind US, Facing Chip Bottleneck
Developing
Business·8h agoAI summary

China's AI Economy Lagging Behind US, Facing Chip Bottleneck

China's AI sector is not experiencing the same economic boost as the US, facing significant challenges including restricted access to crucial chips, according to Nomura's chief China economist Lu Ting. He highlighted the US's well-developed capital markets and greater ease in raising funds for AI companies, contrasting it with China's difficulties in acquiring necessary technology due to international restrictions.

S
SCMP Tech