The United States continues to dominate the global artificial intelligence (AI) ecosystem, but China is emerging as a formidable challenger through cost-efficient AI models that are increasingly attracting enterprise adoption, according to a report by financial services major J.P. Morgan.
In its report, "Semiquincententacles: the US grip on global markets at 250", J.P. Morgan said the US retains a commanding lead in AI readiness, innovation, infrastructure and investment, although Chinese firms are making rapid gains in the commercial deployment of AI models.
