Interactive movies are redefining cinema and storytelling and opening up a world of possibilities in the entertainment industry. There are no “spoilers” for films with no predetermined endings, whose characters and plots develop based on viewers’ real-time direction. Now, what if these viewers became characters?
A year ago, Shenzhen-based self-driving start-up Roadstar.ai was cruising along promisingly. In May 2018 the company announced a US$128 million funding round led by Wu Capital and state-backed Shenzhen Capital Group — one of the largest autonomous driving investments ever in China.
In his 1988 IEEE paper Cellular Neural Networks: Theory, UC Berkeley PhD student Lin Yang proposed Cellular Neural Network theory, a predecessor of the Convolutional Neural Networks (CNN) that would later revolutionize machine learning. Based on this theory, Yang blueprinted a 20*20 parallel simulated circuit chip in the university lab.
A typical JD motorcycle deliveryman in Shanghai delivers 100 packages per day, racing along the city’s waterfront, navigating tiny alleyways and darting between the city’s skyscrapers. That may seem impressive but JD is still striving to improve motorcycle delivery efficiency with new tech — much of it AI-powered.
Synced recently spoke with Delian Capital Senior Vice President Xuesong Fan about the current status of automated driving startups. Fan graduated from Harbin Engineering University and worked for years on Chinese satellite engineering. In 2015 came down to earth, applying his experience to self-driving car investments.
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.
By the end of 2017, there were more than 300 fintech startups across the continent. Disrupt Africa’s Finnovating for Africa: Exploring the African Fintech Startup Ecosystem Report 2017 concludes that African fintech startups’ growth since 2015 has been nothing short of tremendous.
Paige.AI is a New York-based startup that fights cancer with AI. Launched last month as a spinoff from the Memorial Sloan Kettering Cancer Center (MSK) — the largest cancer research institute in the US — Paige.AI has exclusive access to MSK’s IP in the field of computational pathology as well as its dataset of 25 million pathology cancer images (“slides”).
Baidu announced today that self-driving startup JingChi has joined its open-source autonomous driving platform Apollo as a cooperative partner. JingChi’s new CEO Tony Han said in a statement, “JingChi is pleased to join Apollo, and is willing to grow fast with Apollo’s help.”
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.