AI stock falls are sore spot for China's self-reliance strategy

Concerns about the earnings prospects of AI companies are growing in China following a sell-off in the U.S. of AI stocks.

Concerns about the earnings prospects of AI companies are growing in China following a sell-off in the U.S. of AI stocks. © Reuters Investor concern grows over Chinese AI company earnings HONG KONG -- Mounting concerns over the profitability of artificial intelligence are weighing on Chinese stock markets despite home-grown AI being crucial to the country's strategy of technological self-reliance.