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Chinese AI Voice Recognition Star Unisound Withdraws IPO Request Three Months...
On February 19, Beijing-based AI startup Unisound has decided halted its IPO application to the Shanghai Stalk Exchange. As disclosed by company IPO prospectus, Unisound planned to raise approximately...
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Baidu’s Revenue Hits RMB 100 Billion in 2020, Driven by AI Transitions
On February 18, Baidu released the 2020 full year and Q4 financial report, presenting revenue of RMB 107.1 Billion, and its net profit of RMB 22 billion. Formerly constrained by decline in advertising...
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Shanghai’s 2025 Ambition to Be the New Energy and Self-Driving Vehicles Hub
On February 25, the Shanghai Government announced its Implementation Plan for Accelerating the Development of the New Energy Automobile Industry (2021-2025). It proposes that by 2025, smart cars with...
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China’s GPT-3? BAAI Introduces Superscale Intelligence Model ‘Wu Dao 1.0’
Since the May 2020 release of OpenAI’s GPT-3, AI researchers have embraced super-large-scale pretraining models. Packing an epoch-making 175 billion parameters, GPT-3 has achieved excellent performance...
View ArticleSoftbank-backed Robotics Startup CloudMinds Completes RMB 1 Billion B+ Round
On April 8, Chinese robotics startup CloudMinds finished series B+ round of funding with RMB 1 Billion (approx. USD 150 million) investment led by SOEs Shanghai Urban Construction Investment and...
View ArticleShenzhen’s Robotics Industry Output in 2020 Was USD 22 Billion, Up 14 Percent
According to the Shenzhen Robotics Industry Development White Paper released on April 9, the total output value of Shenzhen’s robotics industry was RMB 143.4 billion (USD 22 billion approx.) in 2020,...
View ArticleChina Has Won AI Battle With U.S., Says Ex-Pentagon Software Chief
According to Reuters, the Pentagon’s former software chief Nicolas Chaillan told the Financial Times on Sunday that “We have no competing fighting chance against China in 15 to 20 years. Right now,...
View ArticleChina Applies to Join Digital Economy Partnership Agreement
On October 30, Chinese President Xi Jinping said China will apply to join the Digital Economy Partnership Agreement (DEPA) as part of his video address a day earlier to the Group of 20 leaders’ summit...
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200+ World-Class AI Experts at BAAI 2022: ‘AI Life’, Multimodal Models, AI...
The BAAI Conference 2022 kicked off at 9:00 am on May 31 in Beijing and ran through June 2. AI experts, industry leaders, young talents and international delegates joined the virtual gathering and live...
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Forefront Dialogues With AI Luminaries Sam Altman, Yann LeCun, and Geoffrey...
The 2023 BAAI Conference, a premier event in the AI industry, concluded successfully in Beijing on June 10. Initiated on June 9, the conference played host to an array of esteemed AI scholars,...
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