US's AI Lead Over China Rapidly Shrinking, Stanford Report Says

The U.S. is still the global leader in state-of-the-art AI, but China has closed the gap considerably, according to a new report from Stanford. Axios: Institutions based in the U.S. produced 40 AI models of note in 2024, compared with 15 from China and three from Europe, according to the eighth edition of Stanford's Artificial Intelligence Index, released on Monday. However, the report found that Chinese models have rapidly caught up in quality, noting that Chinese models reached near parity on two key benchmarks after being behind leading U.S. models by double digit percentages a year earlier. Plus, it said, China is now leading the U.S. in AI publications and patents.

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