AI to create over 100,000 jobs in one Chinese province alone
- In one Chinese province, artificial intelligence (AI) appears to be creating abundant jobs for humans, instead of stealing them, but only for those in the know. A senior official in Zhejiang Province, home to Alibaba, said Monday that the province aims to hire more than 110,000 AI professionals in the next five years. Among them will be 50 world-leading AI experts, 500 scientific entrepreneurs, and 1,000 development and research talent, said Yao Zhiwen, deputy head of the organization department of the Communist Party of China, Zhejiang provincial committee.
Baidu claims its AI technology can ‘read’ videos
July 7, 2017
- Huang Jingbo, a research manager at Baidu Cloud’s multimedia department, said that Baidu has rolled out video processing services such as video content analysis (VCA) and smart selection of video covers. When the VCA service, enabled by deep learning, is applied on a footage, it will be tagged automatically and elements of the footage, including voice, characters, scenarios, faces will all be analyzed and displayed, Huang told the audience.
The Self-Driving Project That Could Help China Leapfrog the West
July 5, 2017
- The CEO of Baidu, Robin Li, arrived at his company’s first AI developer conference, held in Beijing this week, in a vehicle that has the potential to reshape the world of self-driving cars. The vehicle was controlled using software that Baidu (50 Smartest Companies 2017) plans to offer for free in the coming years through a project called Apollo. By making the brains of a self-driving car available to anyone, the Apollo project could help China’s many young carmakers get up to speed rapidly.
China Is Investing Heavily In Artificial Intelligence, And Could Soon Catch Up To The U.S.
Jul 3, 2017
- China is developing artificial intelligence in improving the capabilities of robotics, developing driverless cars, divining consumer preferences, inventory forecasting, selling enhanced products, and marketing goods and services. According to Liu Lihua, Vice Minister of Industry and Information Technology, China has thus far applied for 15,745 AI patents. Wan Gang, the Minister of Science and Technology, stated this past Friday that China plans to launch a national AI plan, which will strengthen AI development and application, introduce policies to contain risks associated with AI, and work toward international cooperation. The plan will also provide funds to back these endeavors. Some municipalities also support AI research programs. Beijing, for example, is home to the CAS Institute of Automation, a consortium of universities and firms that provides venture capital funding of 1 billion RMB ($150 million) to AI development. Zhejiang province has also embraced AI programs. Already, Geely Automobile in Zhejiang is using intelligent manufacturing and internet marketing services based on AI to boost sales.
China intending to take lead with national AI plan
- China will roll out a slate of important artificial intelligence projects and step up efforts to cultivate AI talent as part of the country’s upcoming national plan to gain a lead in the cutting-edge technology, a senior official said on Thursday. Minister of Science and Technology Wan Gang said the country will soon release a national strategy to detail how to boost the development of AI through 2030.
It’s Too Late to Stop China From Becoming an AI Superpower
- China is far from an AI delinquent. Baidu, Tencent, and other leading Chinese internet companies have spent heavily to build up large, skilled research teams in machine learning and AI, both at home and abroad. The Chinese government has put the technology at the heart of several initiatives under its latest five-year plan. It recently worked with Baidu to set up a new national lab dedicated to keeping China competitive in deep learning, the technique behind recent progress in areas such as image and speech recognition, and a program called Artificial Intelligence 2.0 will funnel billions to develop AI for commercial and military use. A White House report last October revealed that China overtook the U.S. as the world’s most prolific producer of research papers in deep learning publications sometime in 2013—and that the gap is widening. “This is not like us having stealth technology and Soviets not having it. China has made artificial intelligence a clear priority area to both its economy and military,” says Peter Singer, a senior fellow who studies technology and national security at non-partisan think tank New America. “Even if this proposed legislation went through, it wouldn’t stop them from continuing to engage successfully with this technology—they’re a superpower and the world’s second largest economy.”
AI will boost global GDP by nearly $16 trillion by 2030—with much of the gains in China
June 27, 2017
- According to PwC, North America will get the biggest economic boost in the next few years as consumers and industries are more ready to incorporate AI. By the mid-2020s, however, China will rise to the top. Since China’s economy is heavy on manufacturing, there is a lot of potential for technology to boost productivity, but it will take time for new technology and the necessary expertise to come up to speed. When this happens, AI-enabled technologies will be exported from China to North America. What’s more, Chinese firms tend to re-invest more capital than North American and European ones, further boosting business growth in AI.
China’s Central Bank Has Begun Cautiously Testing a Digital Currency
June 23, 2017
- China’s central bank is testing a prototype digital currency with mock transactions between it and some of the country’s commercial banks. Speeches and research papers from officials at the People’s Bank of China show that the bank’s strategy is to introduce the digital currency alongside China’s renminbi. But there is currently no timetable for this, and the bank seems to be proceeding cautiously.
Meet the Chinese Finance Giant That’s Secretly an AI Company
June 16, 2017
- If you get into a car accident in China in the near future, you’ll be able to pull out your smartphone, take a photo, and file an insurance claim with an AI system. That system, from Ant Financial, will automatically decide how serious the ding was and process the claim accordingly with an insurer. It shows how the company—which already operates a hugely successful smartphone payments business in China—aims to upend many areas of personal finance using machine learning and AI.
Experts deny U.S. firm’s claim that WannaCry hackers are possibly from China
- Experts called a U.S. firm’s claim that Chinese hackers are possibly behind the WannaCry ransomware that hit computers around the world last month as not reliable. “The conclusion that the authors of the ransomware are Chinese people is premature based on only linguistic analysis of the ransom message, rather than the malware itself,” said Zheng Wenbin, an internet security expert at Qihoo 360.
How AI Will Kickstart a National Defense Revolution
Jun 05, 2017
- Since then, AI has been widely used on the battlefield. Technologically advanced satellite sensors and wearable equipment have helped improve information processing. In order to manage data and information to gain the maximum advantage, the development of a command and control system is always at the top of the Chinese military’s agenda.
Fireball: This Chinese malware has infected 250 mn PCs, India ‘worst hit’
June 5, 2017
- Fireball is a new Chinese malware, which has impacted nearly 250 million PCs, and India is among the worst affected in the list of countries, according to security firm Check Point. India has over 25 million PCs impacted by this latest Fireball malware.
China gets smarter on artificial intelligence
Jun 5, 2017
- But China is today nipping at the heels of the United States, long the undisputed leader in AI technology, and may soon be poised to edge ahead as it brings products to market at a quicker pace. The quantity of papers published by Chinese researchers on branches of AI research such as deep learning – where a machine modelled after the human brain can learn by itself over time – already exceeds those by American scientists. Chinese studies have also been cited more often than American ones, said a White House report last October that sought to draw attention to China’s soaring capabilities in the field and the US’ own eroding lead.
China’s AI Advantage: Why Google China’s Founder Sees The U.S. Losing Its Edge
May 30, 2017
- Kai-Fu Lee watched the U.S. beat China to global internet leadership during the dot-com bubble from the inside. Now with what he sees as an even greater technological revolution taking place in the fast-growing field of artificial intelligence, Lee doesn’t expect China to take a backseat a second time. “China started slow, and American companies went international,” Lee says during a May visit to Forbes Media’s headquarters. “But simple math says China has a larger GDP. The market will be bigger.”
Cybersecurity law starts for better personal info protection
May 29, 2017
- China’s Cybersecurity Law will take effect on June 1, banning online service providers from collecting and selling users’ personal information. The Internet service providers cannot collect user information that is irrelevant to the services, and they should handle such information in line with laws and agreements, according to the new law that was adopted by China’s top legislature in November last year.
When Big Brother gets God’s Eye: China tries to catch up on AI
19 May, 2017
- In China’s most innovative city, Shenzhen, two US-educated Chinese scientists have found a way to turn part of God’s Eye into reality – if the authorities allow them to insert a tiny chip into surveillance cameras. With the chip, a surveillance camera can greatly speed up human facial recognition and spot a criminal suspect in a crowd in just a few seconds. It has proved effective in at least in one district in Shenzhen and, according to publicly disclosed information, has helped police crack hundreds of cases and find a number of lost children. The firm, Intellifusion, is just one of the fruits of China’s efforts to become a global leader in artificial intelligence (AI), a technology that may profoundly change everyday life and that promises massive financial pay-offs.
China Central Bank Turning to Big Data for Financial Supervision
May 15, 2017
- China’s central bank said it created a new unit to address emerging financial security challenges brought by technological innovations. The People’s Bank of China set up a committee to improve financial technology research and coordination and will study how it affects monetary policy, markets, financial stability, payments and clearance, according to a statement released Monday.
Qihoo 360 cracks ransomware virus
- Qihoo 360, a major internet security company in China, issued a software patch at 3 am on Sunday that can recover the data encrypted by the unidentified attackers. The software can operate without internet access, and customers do not need to pay for it.
Build AI like the human brain, say experts in Beijing
- Brain specialists and experts in artificial intelligence should work together to create AI as complex as the human brain, a top scientist said at a Beijing seminar on Monday. Poo Mu-ming, director of the Chinese Academy of Sciences’ Institute of Neuroscience, said AI should be able to learn quickly, be versatile and be energy efficient. “The human brain is the most complex object in the universe,” he said. “Both the brain and AI involve big data training, but the brain develops its neural network organically with significant structural changes over decades, whereas AI’s learning structure is static and requires a huge amount of data and energy.”
China’s Tencent is a sleeping giant in the global artificial intelligence race
May 03, 2017
- On May 2 Tencent confirmed that it would open an laboratory in Seattle dedicated solely to artificial intelligence research, to be headed by Yu Dong, a former scientist at Microsoft Research. The news is the latest in a steady stream of announcements indicating the company is making a foray into artificial intelligence. In March the company announced that it had poached Zhang Tong, former head of Baidu’s Big Data Lab in Beijing. And in December 2016, the company confirmed it had established an AI lab in Shenzhen, the company’s home city, earlier that year.
Tencent’s New Lab Shows It’s Serious about Mastering AI
May 2, 2017
- Tencent has established an AI lab in Seattle, and the company is building a very serious research team back in China. Indeed, Tencent also announced a significant new AI hire. Yu Dong, a prominent expert on speech recognition and deep learning, will become the deputy director of the company’s AI lab, and he will oversee the operation of the lab in Seattle. Yu was previously a principal researcher at Microsoft, where he worked on applying deep learning to voice recognition, an approach that has produced dramatic advances in accuracy over the past few years.
China’s Mobvoi steps up artificial intelligence efforts
18 April, 2017
- Mobvoi, the Chinese artificial intelligence startup backed by Google and Volkswagen, launched a chatbot on Tuesday that can connect with voice-activated smart home devices, as the company ramps up its efforts to turn from a niche player to being the future Amazon Alexa or Google Home in China. The Beijing-based startup founded in 2012 by a group of former Google engineers sees smart homes as one of the top priorities to leverage its voice recognition and natural language processing technology after receiving a US$180 million investment from German auto maker Volkswagen earlier this month.
Baidu to launch self-driving car technology in July
April 18, 2017
- Baidu Inc (BIDU.O) said on Tuesday it would launch its self-driving car technology for restricted environment in July before gradually introducing fully autonomous driving capabilities on highways and open city roads by 2020. The project is named Apollo after the lunar landing program, the Chinese search giant said, adding it would work with partners who provide vehicles, sensors and other components for the new technology.
Baidu uses AI technology to help abducted child find family
- Baidu succeeded in using artificial intelligence to reconnect a man with his family 27 years after he was abducted, the company announced Wednesday. Working with baobeihuijia.com, a charity group dedicated to connecting missing children and their families, Baidu used its cross-age facial recognition program to analyze pictures of abducted children uploaded by the victims and their birth families and identified potential matches through the comparison of selected facial features.
Artificial Intelligence: China Reports Progress Made in AI Applications
Apr 12, 2017
- China has attained progress in technological innovations after more than 60 years in AI research, as it claimed to have started applying artificial intelligence (AI) in some sectors, the Xinhua News Agency reported. The senior official said that researchers from Alibaba, Baidu and iFlytek were among those who joined in the study of the world’s leading AI technologies in the fields of reinforcement learning, face recognition payment and self-driving trucks. “Chinese researchers and entrepreneurs are among the best in the world, with technological innovations and good earnings in the sector,” Liu said.
The Chinese Tech Firms Pushing Boundaries Of Artificial Intelligence
Apr 10, 2017
- With the goal of nurturing world-class companies that can compete with the likes of Google and IBM in building intelligent machines, the Chinese leadership singled out AI as a key area of development in a report released during the National People’s Congress in March. Soon after, the country’s biggest technology companies — Alibaba, Baidu and Tencent — announced plans for AI laboratories and projects worth billions of dollars. China has already made real progress. In 2015, the country surpassed the U.S. with the number of published journals related to deep learning, a branch of AI that specializes in teaching machines to learn by themselves, according to the US National Science and Technology Council.
Baidu, Alibaba, Tencent advance China’s AI development goals, says Microsoft research head
06 April, 2017
- Mainland China, led by its three largest internet companies, may be narrowing the gap with the United States in undertaking advanced research and development in the growing field of artificial intelligence, according to the head of software giant Microsoft’s AI organisation. Baidu, Alibaba Group and Tencent Holdings – the Chinese internet triumvirate collectively known under the acronym BAT – are “leading the way in China by investing heavily in AI”, he said.
‘Serious’ hack attacks from China targeting UK firms
3 April 2017
- UK firms have been warned about “serious” cyber attacks originating in China that seek to steal trade secrets. The gang behind the attacks has compromised technology service firms and plans to use them as a proxy for attacks, security firms have said. Forensic analysis of the times when the attackers were most active as well as the tools and techniques they used led PwC and BAE to conclude that the group was based in China.
The Top 10 Artificial Intelligence Startups in China
April 3, 2017
- For those of you who live in China, recent news about the departure of the Chief artificial intelligence (AI) scientist at Baidu, Andrew Ng, was rather a surprise (for our lovely American readers, Baidu is often dubbed the Google equivalent in China). Mr. Ng was the founder of Google Brain and a leading expert in deep learning, so news that he had jumped ship was alarming because in the world of AI investing, China is up there right behind the U.S. according to a recent article in the South China Morning Post. Here are the investment numbers in AI enterprises for the top-3 countries globally: