Country has 4,000 AI firms: report

Source:Agencies-Global Times Published: 2018/7/2 18:45:49

The Chinese artificial intelligence (AI) industry has undergone explosive growth since 2015, with the number of AI enterprises reaching 4,040 as of May this year, the Science and Technology Daily reported Monday.

Beijing has 1,070 AI companies, accounting for 26 percent of the national total, according to a report on Beijing AI industry development, which was released by the Beijing Municipal Commission of Economy and Information Technology at the 22nd China International Software Expo on Saturday.

Among the 1,237 AI companies that have already acquired venture investment, 431 are based in Beijing, accounting for 35 percent, according to the report.


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