Global Race for AI Dominance Intensifies with National Strategies and Chip Investments

Key Intelligence

• ■Nations worldwide, including South Korea, the UK, and European countries, are actively developing national AI strategies, investing heavily in AI infrastructure, and leveraging economic growth from the booming AI chip sector.
• ■China's AI hardware firms are experiencing significant growth, intensifying concerns about its increasing competitiveness and the potential threat of its cheaper AI models to the US's technological advantage.
• ■Europe's push for AI tech sovereignty is complicated by a reliance on Chinese AI technologies, highlighting the complex interdependencies in the global AI landscape.
• ■Beyond major powers, countries like Oman are achieving global AI breakthroughs, while others, such as Kazakhstan, face challenges in developing AI capabilities rather than just adoption.
• ■AI applications are also emerging in governance, exemplified by Nigeria's initiative to use AI to enhance election transparency.