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11/25/2020, 12:11 PM (Source: TeleTrader)
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Nasdaq exec: US needs strategic AI approach

The United States government should come up with a "strategic approach" on artificial intelligence (AI), Nasdaq vice chairman, Edward Knight, told CNBC on Wednesday.

He went on to stress that the US needs to develop new technologies to see economic growth.

Knight especially pointed out the move is needed because of the AI race with China. "The private sector alone cannot take on the entire Chinese government and private sector, which is very focused on this," he stated.

Breaking the News / VP