Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Former CEO of Alphabet Inc.'s Google, Eric Schmidt, said China trails the U.S. in the AI race by roughly six months, but it could still be the winner. In a podcast called In Good Company, hosted by Nicolai Tangen, CEO of Norges Bank Investment Management, on Wednesday, Schmidt said, "I don't know that they will get ahead, but I will tell you that…if they're six months behind, then we're already losing because their strategy is that the products are free." Don't Miss: A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Still Learning the Market?
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