[ad_1]
China already adds more than 4,000 artificial intelligence companies
By Xinhua in Enterprises
Beijing has 1,070 According to a report released by the Beijing Municipal Commission for Information Technology and the Economy, artificial intelligence accounts for 26% of the national total.
The artificial intelligence industry in China has experienced explosive growth since 2015 and the number of companies reached 4,040 in May this year, the Science and Technology Journal reported Monday.
Beijing has 1,070 artificial intelligence companies, accounting for 26% of the national total according to a report on the development of industry in Beijing, published by the Municipal Commission of Economics and Beijing information technology at the 22nd edition of the International Software Expo of China, last Saturday
Between 1. 237 artificial intelligence companies that managed to invest funds from venture capital, 431 are in Beijing, or 35 percent, according to the report.
56.9% of Beijing's artificial intelligence companies have not completed round A financing, indicating that most are in the start-up phase with potential for development.
In recent years, several product and artificial intelligence companies have appeared in Beijing. the city became an innovation center in this sector in China said You Jing, deputy director of the software bureau of the aforementioned municipal commission.
"Beijing has formed an artificial intelligence industrial group through favorable policies, an environment of innovation and entrepreneurship, capital, improved software development and protection of patents he benefited from, "you added.
The report indicates that most of the companies in the area in the Chinese capital are dedicated to health care, household appliances, urban management, retail and self-driving.
[ad_2]
Source link
