Vietnam 

Vingroup opens new AI research institute – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The logo of VinAI Research, the new institute opened by giant conglomerate Vingroup. Photo Vingroup HÀ NỘI — On Wednesday, giant IT-real-estate-manufacturing-retail conglomerate Vingroup opened VinAI Research, a research institute focusing on artificial intelligence (AI) with the goal of elevating Việt Nam’s role in the AI world. The institute will study basic AI science applications in image and video processing, linguistic and voice recognition and user interaction, according to Vingroup. It will give priority to the hottest topics and issues in Việt Nam and the world. The institute also…

Read More
Home 

Terry Gou to step back from ‘front line’ at iPhone assembler Foxconn as it expands into India, AI

Terry Gou Tai-ming, the billionaire founder and chairman of iPhone assembler Foxconn Technology Group, plans to step back from day-to-day operations, making room for younger management to run the world’s largest electronics contract manufacturer.A spokesman for Foxconn, formally known as Hon Hai Precision Industry, said Gou aims to sharpen his focus on the company’s strategic direction, denying earlier reports that he aims to resign or retire.“I’m already 69 years old. I hope to pass down my 45… Source link

Read More
Home 

China recognises 13 new tech jobs including AI developers, e-sports players and drone pilots

China’s government has recognised over two dozen new jobs as official professions, signalling the country’s intent to develop talent in a wide range of tech sectors from artificial intelligence (AI) to the Internet of Things to e-sports.The Ministry of Human Resources and Social Security on Wednesday published a list of 13 new job titles that include professional gamers, drone pilots, robotics operators and software engineers in areas like AI, the Internet of Things (IoT), big data and cloud… Source link

Read More
Home 

Unfazed by trade war, Google collaborates with Huawei on health care AI initiative

When Huawei Technologies announced its latest smartphone last week, the world’s largest telecommunications equipment maker also shared another product. Track AI promises to pair software with Huawei devices to let “non-trained professionals” diagnose eye conditions.Missing from the Chinese company’s announcement was Google’s work behind the scenes.Huawei built Track AI using TensorFlow, a set of artificial intelligence software tools from Alphabet’s Google. TensorFlow is also open-source, so… Source link

Read More
Home 

China no match for US unicorns in AI, big data and robotics as it continues to play catch-up in R&D, says Credit Suisse

China lags far behind the US in producing genuine hi-tech unicorns in artificial intelligence, robotics and biotech as it is still paying catch-up in scientific research, according to Credit Suisse.In a report released on Tuesday titled “China Unicorns, preparing to gallop”, Credit Suisse said that although China accounted for nearly one-third of the world’s 326 start-ups valued at US$1 billion or more, its share of unicorns in sectors requiring more advanced scientific research capability such… Source link

Read More
Home 

Chinese AI start-up Megvii said to plan IPO in either Hong Kong or New York to raise up to US$800 million

Megvii, the developer of facial recognition software Face++ used widely across China, is mulling an initial public offering that could raise up to US$800 million, people familiar with the matter said.The Beijing-based artificial intelligence start-up is still weighing options to list in either New York or Hong Kong, with the latter more likely at this stage, said the people who did not want to be identified as the information is private.The company, backed by Alibaba Group Holding and Foxconn… Source link

Read More
Home 

How AI, facial recognition technologies are revolutionising physical security in Asia

The elderly man inside the doorway of the residential building, tucked in a tiny corner with his cup of tea, crumpled newspaper and transistor radio, is a common sight for residents in Hong Kong’s many high-rise flats.Usually in his 60s or 70s, he is sometimes the doorman, sometimes gives directions, almost always gruff, and is generally tasked with ensuring security for the building. He is also an endangered species.“Young people won’t want to sit there reading a newspaper all day, or even… Source link

Read More
Home 

Chinese children take to coding amid country’s lofty goals in AI, other hi-tech initiatives

For many parents in China, it has long been de rigueur to have their children attend after-school tutoring in English and mathematics, subjects deemed important to help advance their future career prospects.That study load, however, has increased because of a growing trend for parents to also send their children to coding classes, on top of the typical music lessons, sports camps and other extra curricular activities they attend.“Coding is a must-have skill because we are entering the age of AI… Source link

Read More
Home 

US, China need each other for future development of AI, Hong Kong professor says

Despite an ongoing squabble between the US and China over the intersection of technology and national security, the world’s two largest economies will need each other to develop artificial intelligence and other advanced technologies in the future, according to an AI expert.Speaking at the Asia-Pacific Council of American Chambers of Commerce’s business summit in Hong Kong on Monday, Pascale Fung, director of the Centre for Artificial Intelligence Research at the Hong Kong University of Science… Source link

Read More
Home 

AI chip unicorn Horizon Robotics raises US$600m in funding as China seeks to reduce dependence on imported semiconductors

Chinese artificial intelligence chip designer Horizon Robotics raised US$600 million in its latest funding round, likely one of the biggest of its kind, led by South Korean conglomerate SK, memory chip manufacturer SK Hynix and several Chinese carmaker-backed venture capital funds.The latest round of fundraising values the Beijing-based start-up at US$3 billion, according to a company announcement on Wednesday. Other backers include China Oceanwide Capital and CMBC Capital and Citic Securities’… Source link

Read More