China's AI and EV Ambitions Challenge U.S. Leadership

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Source: The New York Times
China's AI and EV Ambitions Challenge U.S. Leadership
Photo: The New York Times
TL;DR Summary

Hangzhou has become a major hub for AI startups in China, driven by government support, low costs, and proximity to tech giants like Alibaba. The city fosters a vibrant community of young entrepreneurs and engineers, contributing to China's AI race with the US, despite challenges like access to advanced chips and foreign investment restrictions.

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