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.
At the annual Google Cloud Next conference which kicked off July 24 in San Francisco the company unveiled a series of AI-based product releases and enhancements for its analytics and machine learning tools, additional applications on G Suite, and new IoT products.
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.
Facebook is working with a select group of advertisers to create augmented reality ads for its News Feed. When users activate an ad’s tap-to-try AR capability it can display for example how a pair of glasses would look on their face via the user’s webcam and screen. Facebook says it also intends to expand shopping support in Instagram Stories.
The country is aiming to build the world’s top hub for AI innovations and talents, and yesterday, prestigious Tsinghua University issued a progress report. The 2018 China Artificial Intelligence Development Report provides an insightful, data-intensive overview of the current status of AI in China.
The Government of India announced today that it has signed five memorandums of understanding (MoU) with South Korea to strengthen bilateral ties in the development of innovative technologies. The agreements were concluded at the Fourth India-Korea Science & Technology Ministers Steering Committee Meeting this week in New Delhi.
We tend to notice the AI that’s in our smartphones, powering our home assistants or piloting self-driving cars. But there is another tech revolution going on — out of sight for most of us — wherein AI and robotics are reinventing entire factories and industrial processes.
Suzhou-based Ecovacs Robotics debuted on the Shanghai Stock Exchange today. The floor sweeping and window cleaning robot company issued 40.1 million shares at US $3.13 per share, and plans to use the funds raised via its IPO to produce four million home service robots, build an IoT ecosystem, and expand into the global market.
In his keynote at the Tencent Cloud Service Summit 2018 in Guangzhou today, Tencent Founder and CEO Pony Ma introduced his company’s new Super Brain platform and a Three Nets cloud concept comprising the “Internet of Things,” “Internet of Humans” and “Internet of Intelligence.”