It´s official: The A.I. race is on. Silicon Valley does not seem to be the only place any more that sees Artificial Intelligence as the new deity.
According to CBNC, China is planning to spend $ 2.1 bn. for a dedicated A.I. research campus to further its goal of becoming a world leader in the technology by 2030.
The Zhongguancun Development Group which will develop the park is actively seeking partnerships with universities, research institutes, and large enterprises, both domestic and foreign, to establish research hubs within the campus.
China had set out plans last year for AI to grow into a 1 trillion-yuan industry, by commercializing use cases in smart city technology or law enforcement, especially face recognition.