Chinese media is reporting that several domestic brokers and investment banks were recently informed by the China Securities Regulatory Commission (CSRC) that it will relax regulations on prospectus approval time and profitability minimums for Chinese unicorns in the domains of artificial intelligence, cloud computing, biotech, and high-end manufacturing.
The Massachusetts Institute of Technology (MIT) and Chinese AI Unicorn SenseTime today announced the MIT-SenseTime Alliance on Artificial Intelligence, a partnership the duo says “aims to open up new avenues of discovery across MIT in areas such as computer vision, human-intelligence-inspired algorithms, medical imaging, and robotics.”
Chinese netizens are all ears for the company’s “hearty” AI-powered music recommendations. In an interview with Synced, NetEase Data Scientist Jia Xu and Product Manager Bowen Shen explained the NetEase system, which learns how to predict what songs will resonate with a user’s particular taste in music…
Alibaba’s cloud computing division Alibaba Cloud announced today that its AI-powered “ET City Brain” will be deployed in the Malaysian capital Kuala Lumpur in partnership with the Malaysia Digital Economy Corporation (MDEC), the country’s digital economy development agency, and Kuala Lumpur City Hall (DBKL).
Yuanqing Lin’s AI startup Aibee.ai — or AI2B, AI to business — has landed US $25 million in angel round funding. The company was founded by the former Director of Baidu’s Institute of Deep Learning (IDL), and provides general AI solutions such as computer vision and image and speech recognition for companies in education, finance, retail, real estate and other sectors.
On December 5th Alibaba, Ant Financial, and Shanghai Shentong Metro Group jointly launched a new voice interaction system for purchasing subway tickets. Riders can now tell a machine their destination — for example, Zhongshan Park — and the system will use the AutoNavi cloud map to issue a ticket for the nearest station.