China has the world's second largest amount of computing power, and that number is likely to grow as tech giants like Alibaba, Tencent, Baidu and Huawei invest in building up China's computing muscle. But what will businesses do with all this power? Future technologies, like artificial intelligence, need a lot of computing power--much more than what's required by current digital business models. Enterprises will have to identify the critical problems that computing power can help them tackle and solve. FORTUNE talks with the founder of Alibaba Cloud to learn more about how China's computing power can do for industry.

The rise of health care costs and the inequitable distribution of health care resources are global challenges. Meanwhile, advances in synthetic biology, AI, and other technologies have opened up new possibilities for the healthcare industry. How will the future of the healthcare industry and our efforts to solve pressing healthcare problems be affected by the synergy between advances in AI, synthetic biology, computational biology, and drug development or even robotic surgery?

The past year has brought a host of dramatic advances in artificial intelligence. OpenAI’s GPT-3 language model demonstrated unprecedented natural language generation capabilities that could revolutionize human-computer interaction. Research at DeepMind developed AlphaFold, an AI system that can predict the 3D structure of proteins, with significant implications for drug discovery. AI has contributed to important improvements in the performance of autonomous vehicles and the ability of health care providers to diagnose and treat disease. And now China’s largest tech players are rolling out new AI models of their own. How will these new AI breakthroughs transform the way we work and learn? What risks do they pose? How can we guard against concerns about accuracy, data privacy, and bias?