Eric Schmidt portrait
Since leaving Google, Eric Schmidt has invested in tech and AI firms like Anthropic.
  • Former Google CEO Eric Schmidt said the US is "way ahead of China" in AI development.
  • Schmidt cited chip shortages and more English language material to train AI models.
  • He also said China's reduced funding and focus on for-profit apps are barriers to its advancement.

Former Google CEO Eric Schmidt thinks the US is "way ahead of China" when it comes to AI.

"In the case of artificial intelligence, we are well ahead, two or three years probably of China, which in my world is an eternity," Schmidt said in an interview with Bloomberg on Tuesday. "I think we're in pretty good shape."