The US still tops in the number of AI startups and total equity deals, but it is gradually losing the global deal share, CB Insights said.
The US company is bullish on the China market where there is a strong demand for internet data centers and technologies to improve storage efficiency, following a government push for the big data industry.
The United States, however, retains the greatest amount of billionaire wealth as the wealthiest individuals live there.
The US secretary of defense suggested on Monday that the United States military would not strike Iranian cultural sites, a threat made by President Donald Trump over the weekend, as the United Nations' cultural agency noted that both countries have ratified treaties protecting such places.
The US government this week issued a 90-day license to allow Huawei to carry on purchasing US technology for now, in order to maintain existing networks and provide software updates for existing handsets.
The US Federal Reserve cut interest rates three times in the second half of 2019 to boost the economy amid a worldwide economic slowdown. The Fed held rates steady at its meeting Wednesday.
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The USS John S. McCain collided with a merchant vessel while underway east of the Straits of Malacca and Singapore at 6:24 am local time (2224 GMT on Sunday), leaving 10 sailors missing and five others injured.
The US Federal Aviation Administration on Wednesday cleared Boeing's 737 MAX for flight after nearly two years and two crashes that killed 346 people.
The US government announced that it would grant another extension of a temporary license that loosens restrictions on United States business deals with Huawei Technologies Co, in this case for 45 days. That's half the length of previous extensions.
The US stock markets had a very long and unprecedented bull run for the past 11 years. The S&P 500 index rose 4.6 times from December 2008 to February of this year. During last year alone, it rose almost 20 percent, but the epidemic has wiped out more than two years of increases.