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CNBC's The China Connection newsletter: Money or power? The key to winning the AI race

CNBC's The China Connection newsletter: Money or power? The key to winning the AI race

If China has one dollar left, "that dollar is going to be spent on AI rather than real estate," said Bruce Liu, CEO of Esoterica Capital. For now, private sector AI investment in the U.S. is around 23 times more than in mainland China, according to Fitch's BMI.
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