China Falls Far Behind U.S. in AI-Generated Content Funding, Investor Says

Despite China’s increasing efforts to become an artificial intelligence superpower, there is still a huge funding gap with the U.S. in the realm of AI-generated content (AIGC), a major Chinese venture capital investor said.

Chinese companies developing AIGC solutions — which use AI to produce content based on user inputs such as questions and keywords — raised a total of around $1.3 billion last year, compared with $23 billion raised by their American counterparts, Zhou Zhifeng, a partner at Qiming Venture Partners, said at an industry event Thursday.