TikTok’s parent company has global ambitions to compete with companies such as Google and OpenAI by offering a range of AI applications for everyday users.
Tag: compete
AI, china, Funding, Global Security News, Government & Policy, Network Security
China announces new plans to take US industry head on
China has unveiled ambitious plans to compete with the US on emerging technologies by increasing funding for start-ups. The Chinese government said it wanted the digital economy to account for 12.5% of gross domestic product by 2030, a significant increase on the 10.5% share reported last year. Chinese Premier Li Qiang told the National People’s…