US and China Dependent on Each Other for AI Supremacy, Analyst States

Kathmandu. In the race to achieve global leadership in artificial intelligence (AI), both the United States and China are in a position where they have to depend on other countries, a Bank of America analyst has said. She stated that since the technology supply chains worldwide are very deeply interconnected, no single country can win the entire AI race alone.

This statement comes ahead of important high-level talks between the US and China scheduled for this week. Matti Zhao, co-head of China equity research at Bank of America Global Research, told the Chinese newspaper 'South China Morning Post' on Monday that China has strengthened its capabilities in areas such as power infrastructure and manufacturing equipment.