Former Google CEO Eric Schmidt believes China is about six months behind the United States in the race for AI leadership. He nevertheless argues that China is already winning because its models are cheaper or free and are likely to be adopted by most of the world. Schmidt made the assessment during a podcast hosted by Nicolai Tangen, the CEO of Norway’s sovereign wealth fund, which is valued at $2 trillion. The former Google chief is currently chairman and CEO of Relativity Space and still owns nearly 16% of Alphabet, according to FactSet.
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