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AI

How AI Can Help The Oil Industry

To apply AI technology to the oil and gas industry, oil companies and startups generally first establish either a research group or a research center for the purpose. AI for oil and gas is a huge potential market, expected to reach US$2.85 billion by 2022.

AI

AI in Cyber Threat Detection

Cyber Threats have become a critical issue in today’s world. Worldwide spending on information security climbed to over US$90 billion in 2017, a roughly 15% increase compared to 2016. Research and development of cyber threat detection and response capabilities will continue to grow this year.

AI China

China to Facilitate AI Unicorns’ Going Public

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.