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Artificial Intelligence (AI) in BFSI Market 2021 Research on User Demand, Size, Applications, Key Players: SAP, IPsoft, Oracle Corporation, Google Inc, Microsoft Corporation

Artificial Intelligence (AI) in BFSI Market 2021 Research on User Demand, Size, Applications, Key Players: SAP, IPsoft, Oracle Corporation, Google Inc, Microsoft Corporation
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Artificial Intelligence: US AI dominance under threat from China: How the Middle Kingdom is rapidly edging ahead in AI development

Updated Mar 03, 2021 | 13:29 IST According to the China Development Report 2018 project, China s global share of research papers in AI fields rose from 4.25 per cent (1,086) in 1997 to a staggering 27.68%(37,343) by 2017. Representational image.  |  Photo Credit: iStock Images Key Highlights Key to China s success in leapfrogging other nations in AI development has been the emergence of new technologies which have removed key competitive advantages for previous market leaders What enables AI technologies to become more robust is, ultimately, data and the pool of engineering talent available, both of which China has in abundance An embrace of AI in the country has incentivised more and more fledgeling enterprises to enter the AI space towards capitalising on huge and lucrative markets

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