Artificial intelligence (AI) is the new technological frontier over which companies and countries are vying for control. According to a recent report from McKinsey, Alphabet invested roughly $30 billion in developing AI technologies. Baidu, which is the Chinese equivalent of Alphabet, invested $20 billion in AI last year.
Companies aren't the only ones investing time, money and energy into advancing AI technology -- a recent article in The New Yorker reported that the Chinese government has been pursuing AI technology aggressively in an attempt to control a future cornerstone innovation.
