The competition between China and the United States is about more than technology.
Government officials in Hangzhou have grand ambitions to make their city in eastern China a global center for artificial intelligence—and the funds to try to make it happen. In June, they pledged $140 million to subsidize AI firms that operate in tow… [9624 chars]
Source: The Atlantic | Published: 2026-01-03T15:15:00Z
Credit: The Atlantic













