Google is increasing its presence in China
Alphabet’s (GOOG)(GOOGL) Google and Google Play Store have been banned for several years in China. In spite of that, the tech giant is increasing its presence in the second-biggest economy by hiring engineers to specialize in AI (artificial intelligence) and machine learning.
Google recently posted four AI-related jobs on its Beijing career site, according to The Wall Street Journal. Google’s Mainland China workforce comprises 600 employees.
Meanwhile, Chinese companies are opening up AI centers in the United States. Chinese giant Tencent (TCEHY) said it would set up AI centers in Seattle, while Alibaba (BABA) and Baidu (BIDU) already have US centers.
AI could be the next big thing
AI is a hot prospect in technology, as the graph above shows. According to Statista, the AI market is estimated to reach $59.7 billion by 2025. Chinese authorities consider innovations such as AI key drivers for reviving its slowing economy. The country wants to become the world’s biggest AI center by the next decade, according to the Financial Times.
For AI-based research, Google wants to benefit from China’s massive repository of personal data. However, some analysts think that China is behind the United States in terms of AI research.