As Chinese Internet giant Baidu has expanded from search to mobile apps, cloud services, and emerging business sectors like autonomous driving and voice assistants, it has correspondingly beefed up its research efforts, particularly in AI, to keep pace with growing security threats.
Synced has discovered that Alphabet self-driving subsidiary Waymo has set up an office in China.
On August 23, Synced found an entry in the National Enterprise Information Publicity System indicating that the limited liability company (solely foreign invested – 外国法人独资) Huimo Business Consulting (Shanghai) Co., Ltd. had been incorporated in Shanghai.
Guangzhou-based Xiaopeng Motors (Xpeng) announced today that it had scored CN¥4 billion (US$585 million) in its Series B+ funding round. This is the largest 2018 single-round funding total among Chinese Electric Vehicle startups (NIO, Byton, WM Motor, etc.), and pushes Xpeng’s valuation to CN¥25 billion (US$3.66 billion).
Scientists at the National Supercomputing Center of Tianjin in China have unveiled their prototype of a next-generation exascale supercomputer. The centre says the Tianhe-3 (天河3号) can perform at one exaFLOPS, or a billion billion calculations per second— the threshold for coveted “exascale” status.
Over the past year Chinese startups and tech giants alike have developed their own voice technology ecosystems comprising product manufacturers, tech solution providers, content makers, and platforms designed to help hardware or skill applications “speak and be smarter.” In this article, we look at the current state of open voice platforms in China.
Chinese IoT startup Tuya Smart has completed its Series C funding with nearly US$200 million, led by Future Fund, NEA, China Broadband Capital, Quadrille Capital and C.M.Capital. The company will apply the funds to its AI+IoT, Smart City, Smart Business and Smart Home technologies.
Xilinx, the world’s leading designer and supplier of programmable logic devices, today announced its acquisition of DeePhi Tech — a Beijing-based chip startup with a focus on machine learning, specializing in deep compression, pruning, and system-level optimization for neural networks.
Chinese State media People’s Daily recently reported the country is facing a shortage of five million AI talents.
A separate LinkedIn survey revealed that while there are some 1.9 million AI engineers worldwide, about one million reside in the US while China is home to just 50,000.
New Chinese regulations will permit self-driving vehicle testing on public roads across the country.
The Chinese Ministry of Industry and Information Technology, Ministry of Public Security, and Ministry of Transport yesterday jointly issued the Intelligent Connected Vehicle Road Test Management Standards…
China’s computer vision company SenseTime today announced it had raised a staggering US$600 million in Series C funding, setting a world record for an AI company and bringing its value to an estimated US$4.5 billion to make it the world’s most valued AI startup.
Hikvision AI Cloud is a distributed structure incorporating cloud computing and edge computing. Launched last year, it can extend an AI algorithm from the cloud centre to an edge network of on-premises video recorders and servers, and further to edge devices, such as security cameras.
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.”
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).