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Closing gap with Silicon Valley: China invests heavily in AI; hiring booms

In a war to emerge as a super power in technology, inequality in wages of non-tech jobs continue to lag

Reuters  |  Beijing 

Beijing: Tens of thousands of people are being hired to shore up cybersecurity, help censor online content, and try to make China No.1 in the application of artificial intelligence (AI), as capital pours into both start-ups and more mature businesses at a time when the government is demanding rapid development. "Companies are well-funded and are in serious competition for talent," said Thomas Liang, a former executive at Chinese search giant Baidu who is now running an AI-focussed fund. He said that startups in hot sectors like AI often have to offer 50-100 percent pay ...

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First Published: Thu, January 25 2018. 16:26 IST