New Delhi, Sept. 29 -- Former Google CEO Eric Schmidt feels that despite huge valuations and funding the United States is lagging behind China in the artificial intelligence (AI) tech race. Speaking at the All-In Summit on September 25, Schmidt shared his views on how China has out raced the US in AI, where American companies need to shift their focus, and what possible measures the west can take to catch up.

Schmidt noted that while US tech companies working in the AI field are largely pursuing artificial general intelligence or AGI, the Chinese are more focused on AI applications. He also noted that the overwhelming use of Open Source and Open Code projects from the Chinese means that their alternatives are more easily accessible and l...