AI Superpower Showdown: U.S. vs. China vs. Europe – Who’s Winning the Global AI Race?
The U.S. developed about 70% of the world’s advanced AI models and drew $109 billion in private AI funding in 2024, far outpacing China and the UK. China now publishes more AI research than the U.S. and EU combined, files the most patents, and is closing the gap in generative AI despite chip bans. The EU lags in funding and scale but leads in regulation with its new AI Act. AI has become a core asset in global power competition.