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China's Zhizhen eyes global expansion with its artificial intelligence bot


Shanghai-based software company Zhizhen Network Technology, which sued Apple four years ago over a voice recognition patent for the iPhone Siri "personal assistant", plans to expand into the US in 2017 with ambitions of becoming a global leader in artificial intelligence. It will set up offices in Hong Kong and Silicon Valley to develop software to cater to local clients, a fresh sign that Chinese technology firms are speeding up their "go-global" drive to take on big-names such as Microsoft and Amazon for world markets. "Taking a global view, it's time to set sail for the largely untapped territory of artificial intelligence," said Yuan Hui, founder and chairman of Zhizhen. "Internationalisation is a necessary step we will take to develop our businesses." In a report on the top 10 technology trends for 2017, IT research firm Gartner listed Zhizhen's Xiaoi Robot, Siri, Cortana of Microsoft and Echo of Amazon as world leaders in intelligent conversational systems.

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Bankers are in a state of shock Not what they signed up for Buried in'busy' unable to cope with "change" Future is more frightening than the present The goal needs to be more than just great reports … need great experiences. Of our 10 Retail Banking Trends and Predictions, all are supported by data and analytics beyond what is used today. The consumer is in control. The ability to choose what, when, and how to transact. The mobile device makes location and context more important than ever. Banking no longer needs to be an independent activity, but can be integrated into everything we do in our daily lives.

Alibaba to Launch Product Similar to Amazon Echo: Source

U.S. News

A logo of Alibaba Group is pictured at its headquarters in Hangzhou, Zhejiang province, China, October 14, 2015. "Amazon Echo", launched in 2014, is a speaker which one can leave on all day and give voice commands to, similar to Siri on an Apple Inc iPhone. Alibaba's new product would be made available only in China and speak only Mandarin, the source told Reuters. Apple and Google, a unit of Alphabet Inc, have unveiled products similar to Echo with the HomePod and Google Home. The Information, a technology website, was the first to report the news on Thursday.

Mobvoi ramps up artificial intelligence efforts in China


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. Smart homes are seen by technology giants around the world as one of the key directions for the application of artificial intelligence in people's everyday life. In the United States, Alexa, the robotic voice assistant behind Amazon's Echo has already allowed people to dim bedroom lights and play song lists through speech. In China, online search giant Baidu recently acquired a Chinese start-up that developed an artificial intelligence-based voice assistant to push further into smart home devices.