JAKARTA The International Institute of Management and Development (IMD) highlights the tight competition for Artificial Intelligence (AI) in China. This competition has also made several companies increase rapidly.
According to research results shared in the 2024 Chinese Company Transformation Indicator report, it is recorded that Lenovo's innovation has brought the company to the top five. Likewise with Xiaomi, a Chinese cellphone that is also popular in Indonesia.
Of the five rankings that IMD shared, two of them have remained in the ranking since last year. This shows that the two companies are able to compete and maintain their innovations. The following is a list of 5 companies with the best AI innovations.
From the top five companies, Xiaomi got the spotlight for successfully up ten places. This is because Xiaomi has succeeded in developing Internet of Things (IoT) products with the support of the world's largest AI ecosystem.
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Xioami is also investing in current technological developments. More than 17,800 employees were deployed to strengthen the company's AI, IoT, and smart hardware developments.
Meanwhile, Lenovo was able to jump six places because the company dominated the AI computing sector and cloud infrastructure. Lenovo is able to develop amid high demand for AI-based computing that has high performance.
Although it did not increase drastically, Baidu managed to fill the second position thanks to massive investment in the research and research sector. This investment helped Baidu in developing a generating AI, cloud computing, and autonomous driving system technology.
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