Microsoft president Brad Smith warns: China made some American and European companies ‘disappear’ and that threat remains as …

Microsoft president Brad Smith has once again raised his China warning. Speaking in an interview on the sidelines of the AI Impact Summit in New Delhi, Brad Smith said that American tech companies should “worry a little bit” about the subsidies their Chinese competitors receive from their government in the AI race. “I do think we always have to think about, maybe even worry a little bit about Chinese subsidies.” The Chinese government supports AI companies in various ways including via a multi-billion-dollar national investment fund and vouchers for cheaper energy for their computing needs.

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