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Stakes Rising In The US-China AI Race

Global Finance

China’s strategy is characterized by centralized planning, with direct state funding funneling into specific AI projects and the development of national computing centers. Arcesati notes, “The US has historically excelled at attracting top STEM [science, technology, engineering and math] talent from abroad, while China has struggled to do so.

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Transcript: Steven Klinsky

Barry Ritholtz

And what was interesting was the first leveraged buyout of a public company happened when I was in graduate school. KLINSKY: In 1979, it was the first leveraged buyout of a public company. We had sold the family business, maybe buy another family business one day through a leveraged buyout. KLINSKY: Yeah. KLINSKY: Yeah.