Value of investments into AI in China 2016-2020
In 2020, the investments into China's artificial intelligence industry amounted to 174.8 billion yuan. As the number of financings decreased, the average value per investment had increased from 151 million yuan in 2019 to 266 million yuan in 2020. The company that attracted the highest investment was the medical company Medbot by securing a funding value of three billion yuan.