Despite talk of an existential US-China AI race, the Chinese state and its major companies are spending more to dominate other domains, such as EVs and robotics news ft.com

Tim Wu / Financial Times: Despite talk of an existential US-China AI race, the Chinese state and its major companies are spending more to dominate other domains, such as EVs and robotics  —  Over the past year, major US tech companies have spent more than $350bn on AI-related infrastructure, with projections of over $400bn for 2026.