But the U.S. leads the world in something closer to full implementation, reports SAS. Kim Davis on July 17, 2024 Eighty-three percent of Chinese business decision-makers say their organizations are using AI. This contrasts with the U.S. (65%) and the U.K. (70%). However, closer questioning reveals that U.S. organizations are ahead in terms of … Continue reading China leads the world in generative AI use
Category Archives: China Actions
Ant Group, Jack Ma-founded fintech giant, gets fined almost $1 billion by China regulators
By Associated Press July 07, 2023 Chinese regulators are fining Ant Group 7.123 billion yuan ($985 million), claiming the financial technology provider violated laws related to corporate governance and consumer rights. The People’s Bank of China imposed the fine on Friday. “We will comply with the terms of the penalty in all earnestness and … Continue reading Ant Group, Jack Ma-founded fintech giant, gets fined almost $1 billion by China regulators