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US firms pull back from China AI operations; Amazon and McKinsey among latest to retreat: Report

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A growing number of American firms are scaling back their artificial intelligence and research operations in China, with Amazon and McKinsey & Company becoming the latest to retreat amid rising geopolitical tensions, according to the Financial Times.

In a report published on Wednesday, FT said Amazon is shutting down its Shanghai AI lab, part of its Amazon Web Services (AWS) division. The facility, established in 2018, focused on cutting-edge AI research. Wang Minjie, a senior scientist at the lab, confirmed its closure in a WeChat post seen by FT,…

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Tech

US firms pull back from China AI operations; Amazon and McKinsey among latest to retreat: Report

Published

on

[ad_1]

A growing number of American firms are scaling back their artificial intelligence and research operations in China, with Amazon and McKinsey & Company becoming the latest to retreat amid rising geopolitical tensions, according to the Financial Times.

In a report published on Wednesday, FT said Amazon is shutting down its Shanghai AI lab, part of its Amazon Web Services (AWS) division. The facility, established in 2018, focused on cutting-edge AI research. Wang Minjie, a senior scientist at the lab, confirmed its closure in a WeChat post seen by FT,…

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