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East vs West in a race for AI supremacy

Asian startups, including China-backed ventures, are struggling to keep pace with Western rivals in several spheres of artificial intelligence (AI) development, new research shows. And their reluctance to embrace and endorse emerging industry standards may eventually leave them isolated from potential strategic partners and blocked from particular market segments. China leads the pack in Asia with 383 AI startups, according to studies by consultancy Roland Berger and investment firm Asgard Capital, both based in Germany. However, Beijing is still well behind the US, home to 1,393 startups, according to the same research. Japan (113 startups), India (82), South Korea (42) and Singapore (35) are the other Asian pacesetters; Australia has 27 startups in Oceania.