GlobalData: China is ahead of global rivals for AI ‘unicorns’

China is pulling ahead of global rivals when it comes to innovative AI “unicorns” that are pushing the technology forward.

Research from GlobalData has found that – of the 45 international AI unicorns identified – China has the largest share with 19 based in the country.

Priya Toppo, Analyst of Thematic Research at GlobalData, comments:

“China is a leading player in AI, with a number of established companies such as Baidu, Hikvision, iFlytek, Tencent,...

Baidu debuts Brain 7.0 alongside mass production of Kunlun II chip

Baidu has debuted version 7.0 of its open AI platform Brain alongside reporting that mass production has begun of its second-gen Kunlun chip.

The tech giant is often considered as “China’s Google” and, just like its Western counterpart, is one of the largest AI companies in the world.

"AI technology is growing increasingly complex, and integrated innovation has made AI more powerful," said Haifeng Wang, CTO of Baidu.

“As AI technology plays an expanding...

AR overtakes AI as the ‘most disruptive’ emerging technology

A new report from GlobalData finds that professionals now believe AR will disrupt their industry more than AI.

70 percent of the 2,341 respondents across 30 business sectors picked AR as disrupting their industry most out of a selection of seven emerging technologies: AI, cybersecurity, cloud computing, IoT, blockchain, and 5G.

Filipe Oliveira, Senior Analyst at GlobalData, commented: “This change in how people see AR will likely be long term, and not just a temporary...

You can now buy AI technologies from TikTok

From the company’s owner, not your favourite TikTok influencer.

Behind every successful TikTok video is a bunch of clever algorithms helping to make it a viral sensation. The company’s owner, ByteDance, launched a new division last month called BytePlus which sells TikTok’s AI technologies.

Up for grabs is the recommendation algorithm behind the ForYou feed, computer vision tech, automatic speech-to-text and text-to-speech, data analysis tools, and...

Chinese AI chipmaker Horizon endeavours to raise $700M to rival NVIDIA

AI chipmaker Horizon Robotics is seeking to raise $700 million in a new funding round.

Horizon is often seen as potentially becoming China’s equivalent of NVIDIA. The company is founded by Dr Kai Yu, a prominent industry figure with quite the credentials.

Yu led Baidu’s AI Research lab for three years, founded the Baidu Institute of Deep Learning, and launched the company’s autonomous driving business unit.

Furthermore, Yu has taught at Stanford...

Baidu ends participation in AI alliance as US-China relations deteriorate

Baidu will no longer participate in the Partnership on AI (PAI) alliance amid deteriorating relations between the US and China.

PAI is a US-led alliance which aims to foster the ethical development and deployment of AI technologies. Baidu was the only Chinese member.

The loss of Baidu's expertise and any representation from China is devastating for PAI. Ethical AI development requires global cooperation to set acceptable standards which help to ensure safety while not...

M3: Alibaba’s AI detects COVID-19 pneumonia in under a minute

M3, a medical web portal backed by Sony, claims Alibaba’s AI technology has allowed it to develop a powerful COVID-19 diagnosis tool.

The AI-powered tool is able to analyse CT scans for signs of COVID-19 infection to help quickly diagnose the novel coronavirus which has caused havoc around the world.

With heroic medical staff under more pressure than ever caring for the huge influx of people suffering with COVID-19 – in addition to all the other ailments they have to...

Shanghai uses facial recognition to help catch drug offenders

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Facial recognition is being used in Shanghai to help catch individuals suspected of abusing pharmaceuticals.

South China Morning Post reports that Shanghai is testing facial recognition terminals in pharmacies that will verify a person’s identity prior to dispensing controlled substances.

Some legal medications can be turned into banned drugs. Cold and allergy medications, for example, often contain ephedrine which is a key component of crystal meth.

Any...

WIC: Baidu CEO remains bullish of company’s AI investments

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Baidu CEO Robin Li says he remains bullish on his company’s AI investments despite recent troubles.

This year, Baidu’s stock price has dropped 36 percent. Li used the Game of Thrones phrase that “winter is coming” following a first-quarter loss.

Baidu has since not only been asking employees to fly economy rather than business, and not to stay in five-star hotels, but even to reduce the number of paper towels and cups they’re using in the office.

AI...

US adds Chinese AI firms to ban list citing abuses against Muslims in Xinjiang

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A collection of Chinese AI and facial recognition firms have been added to a US blacklist citing rights abuses against Muslims in Xinjiang.

28 Chinese firms have been added (PDF) to the “entity list” of the US government which prohibits American companies from continuing any links with them.

The US government said the firms were blacklisted for playing a role in the "implementation of China's campaign of repression, mass arbitrary detention, and high-technology...