AI Technology & Industry Review
Farming is becoming a data-centric business powered by artificial intelligence. China’s big tech firms are using neural network-backed computer vision, wearable devices, and predictive analytics algorithms to reimagine pig, chicken, cow, goose, and cockroach farming.
Dr. Zheng joined JD Finance last month as Vice President and Chief Data Scientist, Urban Computing Business Unit President, and Urban Computing Lab Director. JD Finance is the fintech arm of JD.com, China’s largest e-commerce platform by revenue.
According to a China Securities Journal report, the China International Capital Corporation (CICC) and China’s largest food processor, manufacturer and trader China National Cereals, Oils and Foodstuffs Corporation (COFCO) are looking to invest US$2 billion (CNY 13 billion) in JD Finance, the fintech spinoff of online retailer JD.com.
An AI-powered loan forecasting solution developed by Ryan Chen and Yupeng Zheng (Team Boston Power) topped the field at this year’s JDD (JD.com Discovery) 2017 Global Data Challenge, winning the first prize of US$45,000.
Singles Day has just passed, and on this day China’s two biggest online shopping platforms battled over astounding sales numbers. The 24-hour frenzy shopping period generates almost half of Amazon’s yearly revenue.