Three companies – Samsung, IBM and Tencent – dominate the global AI patent race over the past 10 years, while fierce competition between the U.S, and China overshadows other countries and regions, including the EU. These are the key findings of OxFirst, a specialist in IP law and economics (and spin out of Oxford University), which also reported that multiple neural nets, machine learning and speech recognition are driving the market. "Patents are mainly filed in the area of interconnectivity and system architecture, suggesting that top players focus primarily on protecting technologies covering multiple neural nets," OxFirst said in its announcement today. "Other areas of crucial importance are ML and bootstrap methods, alongside procedures used during speech recognition processes; e.g. the further establishment of human-machine dialogue." OxFirst said its sector-specific analysis suggests that major companies have focused on AI in the medical space, particularly medical diagnosis, medical simulation and data mining.
Time: June 15,[masked]:00 PM Hong Kong Illya Barziy - Codependence with MlFinLab Illya will present the MlFinLab package which implements Machine Learning tools for Finance, largely based on the work of Marcos Lopez de Prado. Amongst the many modules (feature engineering, labeling, portfolio optimization, backtest overfitting, ...), Illya will present one in particular: Codependence.
China announced in 2017 its ambition to become the world leader in artificial intelligence (AI) by 2030. While the US still leads in absolute terms, China appears to be making more rapid progress than either the US or the EU, and central and local government spending on AI in China is estimated to be in the tens of billions of dollars. The move has led--at least in the West--to warnings of a global AI arms race and concerns about the growing reach of China's authoritarian surveillance state. But treating China as a "villain" in this way is both overly simplistic and potentially costly. While there are undoubtedly aspects of the Chinese government's approach to AI that are highly concerning and rightly should be condemned, it's important that this does not cloud all analysis of China's AI innovation.
Baidu (NASDAQ: BIDU) is making a big push into cutting-edge IT segments. The company announced Thursday that it will be allocating more capital to investments in developing corners of the market, particularly artificial intelligence (AI), cloud computing, and data centers. This project will unfold over the next 10 years, in an attempt by the China-based company to build out assets for future tech needs. This piggybacks on the Chinese government's ambition to develop what it calls "new infrastructure" throughout the country to dramatically modernize its economy. Baidu did not specify how much it would spend on its new infrastructure efforts.
To build this tool, we first needed data. We teamed up with an infectious disease specialist, Xiangao Jiang, in Wenzhou, Zhejiang, China. When we started working on this in early January, Wenzhou had the largest outbreak outside of Hubei, of which Wuhan is the capital. Between January and February, Dr. Jiang's team collected and shared with us information from 53 COVID-19 patients at two hospitals. We got data on symptoms like fever, cough and diarrhea, lab values like blood cell counts, kidney function, inflammatory markers and vital signs and also X-rays.
In September, Mohamed bin Zayed University for Artificial Intelligence (MBZUAI) will welcome its first batch of local and international students. UAE has been long encouraging the cultivation of future talent through knowledge and science. MBZUAI will set up master of science and PhD programs in core AI areas such as machine learning, computer vision and natural language processing. To compete with top AI programs around the world, especially those from North America, China and the UK, all students enrolled will be provided with full scholarships, salary, medical insurance and accommodation. The UAE has been putting great emphasis on education as one of the nation's key strategies, and well-known international educational programs include cooperation with NYU Abu Dhabi and BFSU Zayed Center for Arabic Language and Islamic Studies.
CV is a nascent market but it contains a plethora of both big technology companies and disruptors. Technology players with large sets of visual data are leading the pack in CV, with Chinese and US tech giants dominating each segment of the value chain. Google has been at the forefront of CV applications since 2012. Over the years the company has hired several ML experts. In 2014 it acquired the deep learning start-up DeepMind. Google's biggest asset is its wealth of customer data provided by their search business and YouTube.
Artificial intelligence has long caused fear of job loss across many sectors as companies look for ways to cut costs, support workers and become more profitable. But new research suggests that even in STEM-based sectors like cybersecurity, AI simply can't replace some traits found only in humans, such as creativity, intuition and experience. There's no doubt, AI certainly has its place. And most business leaders agree that AI is important to the future success of their company. A recent survey found CEOs believe the benefits of AI include creating better efficiencies (62 percent), helping businesses remain competitive (62 percent), and allowing organizations to gain a better understanding of their customers, according to Ernst and Young.
Country Garden, a property developer in China, revealed that its subsidiary Qianxi Robot Catering Group (Qianxi Group) opened a restaurant complex operated completely by robots. Located in Shunde, which is a city in China's Guangdong province, the restaurant eliminates most human-to-human contact and may be a harbinger of how businesses plan to handle the aftermath of the coronavirus outbreak. "Country Garden assistant executive officer and Qianxi Group general manager Qiu Mi explained that Qianxi Group has built a complete industry chain encompassing back-end supply production (the centralized kitchens) and robotic cooking alongside the operation of restaurants and the management of robots," Country Garden shared. The restaurant complex is 2,000 square meters or about 21,527 square feet, and it has 20 robots equipped to serve a variety of dishes, including Chinese food, fast food, clay-pot rice and hot pot. The menu has 200 items, but they are available within 20 seconds of ordering.
The world came together to build 5G. Now the next-generation wireless technology is pulling the world apart. The latest version of the 5G technical specifications, expected Friday, adds features for connecting autonomous cars, intelligent factories, and internet-of-things devices to crazy-fast 5G networks. The blueprints reflect a global effort to develop the technology, with contributions from more than a dozen companies from Europe, the US, and Asia. And yet, 5G is also pulling nations apart--with the US and China anchoring the tug-of-war.