this post was submitted on 04 Dec 2025
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Can China fund its AI push? Ex-Google CEO Eric Schmidt casts doubt (www.scmp.com)
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China’s designs on supremacy in artificial intelligence could be hindered by a funding gap in the sector, according to former Google CEO Eric Schmidt, who gave a grim assessment of the country’s AI prospects as China and the US lock horns for dominance. However, analysts said that funding would not be a concern for China’s AI development given the deep pockets of the country’s private and state investors – particularly as Beijing, Big Tech firms and investors were united in their determination...

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