Leading global technology distributor and solutions provider Avnet Asia will host the "Avnet AI Cloud Exhibition", showcasing innovative technology, applications and solutions in Artificial Intelligence (AI) and machine learning together with its suppliers and partners. With the ability to quickly design, develop and deploy solutions, Avnet can meet the needs of a variety of application scenarios to accelerate the industrialization of artificial intelligence. During this period, Avnet will also hold the "Avnet 2021 Artificial Intelligence Cloud Conference" on June 29, 2021. Joined by developers, engineers, and decision makers in the AI field, the summit will feature cutting-edge technology trends in artificial intelligence and machine learning, and in-depth discussions on the development, future prospects and blueprints for AI to encourage and accelerate innovation. KS Lim, senior director of supplier management at Avnet Asia said, "MarketsandMarkets forecasts the global artificial intelligence (AI) market size to grow to over USD 300 billion by 2026, and the market in Asia Pacific is anticipated to grow at the highest CAGR during the forecast period. As the world's leading technology distributor and solution provider, Avnet has a comprehensive ecosystem that provides customers with end-to-end artificial intelligence and machine learning solutions, reducing the cost and complexity of product development to enable application scenarios. We will continue to work hand in hand with our suppliers and partners to further contribute to the development and maturity of the entire AI ecosystem."

The company will also hold the Avnet 2021 Artificial Intelligence Cloud Conference on 29 June, 2021. Joined by developers, engineers, and decision makers in the AI field, the summit will feature cutting-edge technology trends in artificial intelligence and machine learning, and in-depth discussions on the development, future prospects and blueprints for AI to encourage and accelerate innovation. "MarketsandMarkets forecasts the global artificial intelligence market size to grow to over USD$300 billion by 2026, and the market in Asia Pacific is anticipated to grow at the highest CAGR during the forecast period," says KS Lim, senior director of supplier management at Avnet Asia. "As the world's leading technology distributor and solution provider, Avnet has a comprehensive ecosystem that provides customers with end-to-end artificial intelligence and machine learning solutions, reducing the cost and complexity of product development to enable application scenarios," he says. "We will continue to work hand in hand with our suppliers and partners to further contribute to the development and maturity of the entire AI ecosystem."

While Sweden is trialling inserting microchips into its citizens as a new way to pay, China is opting for a less invasive method -- your face. In Shenzhen, a local subway operator is testing several advanced technologies powered by the 5G network, including facial recognition payments, according to a report by the South China Morning Post. At the Futian station, instead of presenting a ticket or scanning a QR bar code on their smartphones, commuters are now able to scan their faces on a tablet-sized screen mounted on the entrance gate and have the fare automatically deducted from their linked accounts. "To use facial ticketing in the future, passengers will also need preregistration of their facial information and link their payment methods to their accounts," said a staff member at the Futian station's demonstration area in Shenzhen. Passers-by at the demonstration area in Futian station will see their information, including facial photos captured by surveillance cameras, gender, age, and the length of stay in the area, displayed on a big screen.