Valley attract AI startups and foster innovation. The United States has a competitive advantage in terms of attracting talent, fostering collaboration, and facilitating industry-academia partnerships. 25 20 18,9 18,2 17,9 17,1 15 15,7 12,8 10 10,9 8,2 9,5 7,1 7,8 5 6,4 5,4 0 Q1ʼ20 Q2ʼ20 Q3ʼ20 Q4ʼ20 Q1ʼ21 Q2ʼ21 Q3ʼ21 Q4ʼ21 Q1ʼ22 Q2ʼ22 Q3ʼ22 Q4ʼ22 Q1ʼ23 Source: Statista. Therefore, the U.S. has a clear advantage in the race to become an AI superpower. First,more than half of top-tier AI research- ers work at a U.S. institution and second, U.S. tech giants such as IBM and Microsoft are among the largest AI and machine learn- ing (ML) patent owners. As such, the U.S. is ranked as the country with the highest readiness to implement AI in the public sector, with an average score of 85.48 out of 100, scoring particularly high in the categories of AI vision and AI governance and eth- ics.The United States’ ongoing rivalry with China is portrayed in the race for supremacy in technology. Despite its growth and great strides to improve innovation, China still does not possess the capacities of the United States when it comes to fostering in- novation and promoting funding. The number of deals made in Asia does indicate the possibility of a more leveled playing field SPAIN-US CHAMBER MARKET REPORT 59 SU eht ni sralloD SU snoillib ni eulav gnidnuF