The United States and China are the two top global leaders in artificial intelligence (AI) development, and China has the most generative AI patents from 2014 to 2023, an AI expert said after the International Institute for Management Development (IMD) released its AI Maturity Index on Tuesday.
According to the second edition of the AI Maturity Index, which ranks companies on how effectively they have adopted AI to transform business strategies and operations, NVIDIA ranked top, with Microsoft and Alphabet following in second and third place. Among the 300 top companies, the number of Chinese companies only followed that of the United States.
In a virtual interview, Michael Wade, professor of Strategy and Digital at IMD and Director of the TONOMUS Global Center for Digital and AI Transformation, told Xinhua that China’s dominance in AI patent filings and its focus on practical applications in manufacturing, healthcare, and autonomous vehicles provide a strong foundation for growth and value creation.
Although export controls have cut off China’s access to advanced computing chips critical to AI development, “China leads the world in generative AI patents with over 38,210 filed from 2014 to 2023, substantially higher than the United States’ 6,276 patents,” he emphasized.
