How to invest in china ai

Top AI startups in the United States come from various sectors, including self-driving cars, industrial manufacturing, robotics process automation, data analytics, and cybersecurity. But it’s not just U. This means less risk-taking in AI startups that are less mature. Choose your subscription. Join Stock Advisor. Premium Digital. Follow tmfnewsie.

Think the U.S. dominates the artificial intelligence sector? Baidu, Alibaba, and Tencent want to change that.

China is one of imvest fastest growing emerging markets in the world. After posting high single-digit growth over the past two decades, the country is expected to surpass the United States and become the world’s largest economy over the next few years. And with its enormous chlna, the country’s economic growth isn’t expected to slow down anytime soon. But China’s stock markets have been a different story. The government’s actions to slow down growth by raising interest rates and reserve requirements have proven very bearish.

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Show less Ask a Question Related Articles References. When it comes to the newest, most popular ways to invest money for gain, more than a few investors around the world are looking at China. The most populous nation in the world is in the process of becoming a more modern and vibrant economy. It’s one of several economic hot spots still considered an emerging market with plenty of growth potential.

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Lots of U. But it’s not just U. China aims to be the premier country for AI research and services byand plenty of tech companies in the country are already on par with their AI rivals in the U. Check out the latest BaiduAlibabaand Tencent earnings call transcripts. There’s likely no bigger way to play China’s AI boom than by investing in How to invest in china ai. The company made a big move into the sector in when it hired away one of Google’s top AI engineers at the time, Andrew Ng, who started the Google Brain project.

Fast-forward to today and Baidu has more than 2, employees working on AI, and has rapidly expanded its AI pursuits. Baidu uses AI in plenty of its services, including online search, but one of its most significant opportunities comes from its open-source driverless car project, called Apollo. The company wants Apollo to become the go-to platform for autonomous vehicles. The company aims to bring autonomous vehicles to market in China beginning inand has done extensive vehicle tests in both the U.

S and China for years. One of the essential elements of artificial intelligence is data. Without it, the best software and algorithms would be virtually useless. In the U. In China, Tencent rules the data collection game. Tencent’s biggest service is its WeChat app, which has more than 1 billion active users, most of whom are in China.

You could call it a social media app, but really it’s a gateway for millions of users to the internet; it’s a place where Chinese users pay their bills, share social media posts, summon ride-sharing services, play video games, and much. One of the most significant ways the company is using all of this data for AI is furthering its healthcare ambitions. The company launched an AI-based platform called Miying back in that allows healthcare institutions to use AI to diagnose cancer.

Tencent’s AI also enables hospitals to analyze and manage health records. With more than 38, medical institutions in China already using the WeChat app, the company is using its treasure trove of data to transform the medical industry in the country.

Alibaba is best known for its dominance in the e-commerce market in China, but the company is increasingly becoming a big player in the artificial intelligence space as. Just a few months ago it announced that it’s developing its own AI chip, which will be available later this year. The chip will be used in smart cities and autonomous vehicles, and will add to the company’s current smart city management projects.

Alibaba also has its own AI-powered robot for the hospitality industry, and has developed an AI customer service agent for its logistics company, Cainiao. This laundry-list of AI pursuits means that Alibaba has a huge opportunity to benefit from China’s growing AI market in the coming years. Investors need to remember that this company is already a dominant tech player in China, and it’s in the early stages of becoming an AI powerhouse.

As China’s government continues to focus its attention on making artificial intelligence a key part of its future, expect Alibaba’s AI ambitions to grow along with it. Like any stock investment, these Chinese stocks come with their own set of risks.

There’s a lot of trade war talk between the U. Additionally, some Chinese tech companies, most recently Huawei, have been accused by the U. So thoroughly research any potential investment. Finally, know that, as these companies grow in AI dominance, they could experience some volatility. Updated: Apr 15, at AM.

Published: Feb 6, at AM. Follow him on Twitter for the latest tech stock coverage. Follow tmfnewsie. Image source: Getty Images. Stock Advisor launched in February of Join Stock Advisor. Related Articles.

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About ABI Research ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. In China, Tencent rules the data collection game. The company wants Apollo to become the go-to platform for autonomous vehicles. Published: Feb 6, at AM. ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. Updated: Apr 15, at AM. Based on extensive primary interviews, How to invest in china ai Analysis reports present in-depth analysis on key market trends and factors for a specific technology. Based on the investment figures inthe gulf between the United States and China invesf continue to get wider, with the U.