As AI takes over industries worldwide, the technology has begun replacing the redundant human workforce, as popular banks reveal plans to shrink headcount amid rapid AI adoption. The lightning-fast takeover of AI is also reflected in OpenAI’s claims that it now serves 400 million weekly active users, a 100 million jump in users since December 2024.
Scale AI CEO and founder Alexander Wang said at the Web Summit Qatar 2025 that the US and China are leading in AI preparedness.
“Nearly every country in the world, or nearly every company in the world, will ultimately likely build AI technology on top of either the US technology stack or that of the Chinese technology stack,” Wang noted.
Elsewhere, the surging demand for AI infrastructure has prompted South Korea to build the world’s biggest AI data center with a 3 GW capacity by 2028. The $10 billion project is expected to commence construction in H2 2025 and generate revenues of $2.5 billion annually.
“This is more than just a technological milestone; it’s a strategic leap forward for Korea’s global technological leadership. We are incredibly proud to partner with Stock Farm Road and the Jeollanam-do government to build this crucial infrastructure, creating an unprecedented opportunity to build the foundation for next-generation AI.”
-said SFR co-founder Dr Amin Badr-El-Din
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A technician adjusting a human-machine interface in a laboratory surrounded by indoor multi-terrain robots.
8. WeRide Inc. (NASDAQ:WRD)
Number of Hedge Fund Holders: N/A
WeRide Inc. (NASDAQ:WRD) uses AI to innovate autonomous driving technology for the development of driverless vehicles such as robotaxis and robobuses. The company also offers urban logistics and online ride-hailing solutions.
On February 24th, WeRide Inc. (NASDAQ:WRD) announced approval to roll out the latest robotaxi, the GXR, for fully unmanned ride-hailing services in Beijing, China. This development marks GXR’s first large-scale commercial deployment on the Mainland. The latest generation of GXRs will service key regions within the Beijing Economic-Technological Development Area, including railway stations, highways, and airports. The robotaxis can accommodate up to five passengers and features cutting-edge L4-level redundant drive-by-wire chassis architecture and the first-ever hidden B-pillar design.
“The commercial launch of Robotaxi GXR in Beijing represents a pivotal achievement for WeRide and the autonomous driving industry. By advancing from product launch to unmanned commercial operations in just four months, we’ve demonstrated that autonomous technology is ready to meet various transportation needs at scale. With this expansion, we continue to set the standard for autonomous mobility, making self-driving technology a reality for passengers everywhere.”
-said Tony Han, Founder and CEO of WeRide Inc.
7. CLPS Inc. (NASDAQ:CLPS)
Number of Hedge Fund Holders: 2
CLPS Inc. (NASDAQ:CLPS) is a global IT consulting and service provider catering to diverse industries, including banking, wealth management, e-commerce, automotive, education, and tourism.
On February 21st, CLPS Inc. (NASDAQ:CLPS) announced the establishment of the CLPS AI Innovation Committee (CAIC), led by CEO Raymond Lin, to plan, implement, and realize the value of AI technology across projects and client deliveries. CAIC will utilize OpenAI and DeepSeek to develop an intelligent engineering system for IT development, including processes like demand analysis, solution design, code generation, and automated testing to enable businesses in their digital transformation journey.
“In early 2025, CLPS established five key innovation engines: AI, low-code platform, RPA, cloud computing, and big data. CAIC, building upon these engines, will develop our AI application strategy for the next three to five years, focusing not only on optimizing existing processes but also on fundamentally reshaping business logic to ensure close alignment between technology and our business strategies. CAIC will concentrate on cutting-edge technologies such as GenAI, machine learning, and intelligent automation, deeply integrating the CLPS’s RPA technology to create tailored enterprise intelligent solutions for clients in key vertical industries, including banking, wealth management, e-commerce, and automotive.”
-said Raymond Lin, CEO of CLPS Inc.