Chinese firms fight to lure top artificial intelligence talent from Silicon Valley
02 April, 2017
- Before each job interview, Alex Ren offers the following advice to his clients to ensure their success: “Be humble and appreciate the opportunity to fully demonstrate your strength and what you can offer”. The advice is not for potential employees. Rather, it is for Chinese technology companies trying to hire top-tier Silicon Valley talent in artificial intelligence (AI) in competition with the likes of Alphabet, Uber Technologies and Facebook.
Baidu’s Plan for Artificial Intelligence without Andrew Ng
March 30, 2017
- CEO Robin Li has recently written numerous opinion pieces in Chinese newspapers about the importance of developing AI expertise. “The disruption in traditional business models, industrial chain, and value chain brought about by artificial intelligence will cause fundamental changes in the global economy,” Li wrote in People’s Daily, a government flagship newspaper, in early March. In the lab, Baidu will collaborate with top Chinese universities including Tsinghua, exploring a variety of different areas of AI research including visual perception, speech recognition, and human-machine interaction.
Chinese banks to tap AI for more ‘human’ customer experience, survey says
29 March, 2017
- Artificial intelligence (AI) is expected to deliver sweeping improvements in the way banks across China serve their customers by the end of this decade, according to new research from Accenture. “China’s consumers are ready for AI,” Albert Chan, a managing director at Accenture and head of its financial services practice in China, said on Wednesday. The global professional services company’s latest Banking Technology Vision report, which surveyed more than 600 bankers in 31 countries, found 90 per cent of bankers in China said AI will revolutionise the way these financial institutions gather information and interact with customers. In addition, 83 per cent believed that AI will “help banks create a more human-like customer experience” and another 83 per cent said banks will deploy AI as their primary method for interacting with customers within three years.
Chinese Startup Develops AI Model That Uses Data Mining Algorithms to Offer Automatic Credit
Mar 28, 2017
- A financial technology developed by Chinese startup Yongqianbao will revolutionize risk control by automating the work of loan officers. This will be made possible by the combination of data-mining algorithms and artificial intelligence. China’s major banks generally focus on serving state-owned enterprises, large private companies and local and regional governments. This opened an opportunity for fintech to grow by providing services to under-served sectors.
Tencent Cloud partners NVIDIA to bring AI cloud computing to China
March 28, 2017
- Tencent Cloud will be integrating NVIDIA’s GPU computing and deep learning platform into its public cloud platform to encourage enterprises in China to use artificial intelligence technologies. The move will provide Tencent Cloud’s customers access to new cloud services powered by Tesla GPU accelerators. This includes GPU cloud servers incorporating NVIDIA Tesla P100, P40 and M40 GPU accelerators and NVIDIA deep learning software.
China likely to outpace US in AI: Baidu
March 26, 2017
- China is highly likely to outpace the United States in the application of artificial intelligence, as local companies scramble to experiment with new ideas and benefit from the country’s huge user base, a panelist attending the Boao Forum for Asia said on Saturday. According to Zhang, the latest wave of AI is driven by progress in big data technology, stronger computing power and the improved ability to build big models. China’s huge consumer market and abundant accumulation of data will push local AI companies forward, Zhang added.
Emotibot is an AI-powered chatbot that understands human emotions
Mar 22, 2017
- Shanghai-based startup Emotibot made an AI-powered bot that can complete practical tasks as well as have a conversation with you. Corporates who want more customer interaction are in talk with the company to source their technology to humanize their online customer service.
Chinese AI wins computer Go tournament
- Chinese artificial intelligence FineArt beat its Japanese rival DeepZenGo to win the 10th Computer Go UEC Cup on Sunday. The worldwide computer Go tournament has been held at the University of Electro-Communications (UEC) in Tokyo, Japan annually since 2007. This year’s tournament attracted 30 AI players around the world. FineArt, developed by Chinese internet giant Tencent, participated in the tournament for the first time and won all 11 games it played.
How China is preparing for cyberwar
March 20, 2017
- Chinese cyberoperations are scattered across services and ministries. The People’s Liberation Army (PLA) General Staff Department Third Department is responsible for many cyberespionage operations and manages at least 12 operational bureaus and three research institutes. Joe McReynolds argues that there are two other types of forces: PLA-authorized forces which are teams of specialists in the Ministry of State Security and the Ministry of Public Security authorized to carry out network warfare operations; and nongovernmental forces that spontaneously engage in network attack and defense, but can be organized and mobilized for network warfare operations by the PLA if necessary.
Inside Tencent’s AI Lab: How It Created China’s Own AlphaGo In A Year
March 20, 2017
- FineArt, an AI Go-playing program developed by the AI Lab of Chinese Internet giant Tencent, is proving to be a prodigy, winning an annual world-wide AI Go tournament only a year after its creation and highlighting China’s rapid advance as it seeks to strengthen its AI capabilities. With its name adopted from an ancient Chinese poem during the Tang dynasty, FineArt beat incumbent, Japan’s DeepZenGo, yesterday at the Computer Go UEC Cup, an annual computer Go tournament held at the University of Electro-Communications (UEC) in Tokyo, Japan since 2007.
Chinese hackers win 2017 world hacking contest
- The three-day Pwn2Own 2017 World Hacking Contest has just finished. Qihoo’s 360 Security team from China ranked first among the competitors with a total score of 63, receiving the “Master of Pwn” championship cup. Pwn2Own, hosted by the Pentagon’s network security service Zero Day Initiative (ZDI), is a worldwide computer hacking contest held annually at the CanSecWest Applied Security Conference in Vancouver, Canada. Pwn2Own 2017 is held from March 14 to 17.
Medical sector ready for AI
March 16, 2017
- Intelligent medical imaging diagnosis, voice-controlled electronic medical records, and intelligent diagnosis of cancer have become a hot research direction. These AI-based technologies could assist doctors to improve accuracy levels of diagnosis. Xi’an-based Wingspan Technology, founded in 2009, has been engaged in the medical imaging field and related R&D and applications of AI technology. Its businesses cover third-party medical imaging diagnosis and treatment.
When China’s White-Hat Hackers Go Patriotic
March 13, 2017
- This definition seems to be lost on many Chinese hackers seeking to serve the public good. In between plugging his own cybersecurity firm, offering advice on how to find a beautiful hacker girlfriends, and fielding technical questions, ObedientDog spends his time on Zhihu ranting about foreign affronts to Chinese pride. And he’s not the only one. Since the 1990s, many Chinese hackers have readily exchanged their white-hats for red-hats 红帽子 whenever they feel their nation is under assault. One of China’s most famous red-hat hackers, Wan Tao, simultaneously ran an IT firm as he hacked foreign targets, including the inboxes of Taiwanese politicians and the White House website. Predictably, Tao never faced repercussions from the Chinese authorities.
How China is Becoming a World Leader in Artificial Intelligence
March 14, 2017
- On March 5, at the opening meeting of the National People’s Congress, China’s top legislature’s annual session, Premier Li Keqiang announced that China will accelerate research and development (R&D) in new and emerging industries, such as artificial intelligence (AI). It is the first time that China’s highest national meeting has included AI in the Government Work Report. The report’s singling out of AI indicates Beijing’s prioritization of the industry in its economic agenda, and therefore its determination to support its growth.
Beijing to release national artificial intelligence development plan
12 March, 2017
- Beijing is drafting a national development plan on artificial intelligence and setting up a special fund as part of an effort to push the technology’s application in the economy and national security, said China’s top technology official. Wan Gang, the minister of science and technology, said that the plan, which aims to facilitate the adoption of the technology in a wide range of areas, including “economy, social welfare, environmental protection and national security”, is expected to be released soon after the National People’s Congress and Chinese People’s Political Consultative Conference, the annual meeting of China’s parliament, which will end on Wednesday.
The future is here: China sounds a clarion call on AI funding, policies to surpass US
11 March, 2017
- Artificial intelligence has made its way on to the agenda of the government’s annual political show in Beijing, urged on by the country’s business and technology elites. AI made its way into Premier Li Keqiang’s March 5 work report, a signal that it has caught the attention of China’s top decision makers. Still, that brief mention is inadequate to catapult China to worldwide leadership. Baidu’s founder Robin Li, whose search engine is competing with Uber Technologies and Alphabet’s Waymo to commercialise self-driving technology, is urging China’s government to craft a national-level regulatory framework and offer incentives to facilitate the adoption of AI in a wide range of industries.
The Next U.S.-China Arms Race: Artificial Intelligence?
March 9, 2017
- For the PLA, intelligentization is the culmination of decades of advances in informatization. Since the 1990s, the PLA has been transformed from a force that had not even completed the process of mechanization to a military power ever more confident in its capability to “fight and win” informatized wars. Despite continued challenges, the PLA appears to be on track to establish the “system of systems” operations (体系作战) capability integral to integrated joint operations. The recent restructuring of the PLA’s Informatization Department further reflects the progression and evolution of its approach. These advances in informatization have established the foundation for the PLA’s transition towards intelligentization. According to Maj. Gen. Wang Kebin (王克斌), director of the former General Staff Department Informatization Department, China’s “information revolution” has been progressing through three stages: first “digitalization” (数字化), then “networkization” (网络化) and now “intelligentization” (智能化). The PLA has succeeded in the introduction of information technology into platforms and systems; progressed towards integration, especially of its C4ISR capabilities; and seeks to advance towards deeper fusion of systems and sensors across all services, theater commands and domains of warfare. This final stage could be enabled by advances in multiple emerging technologies, including big data, cloud computing, mobile networks, the Internet of Things and artificial intelligence. In particular, the complexity of warfare under conditions of intelligentization will necessitate a greater degree of reliance upon artificial intelligence. Looking forward, artificial intelligence is expected to replace information technology, which served as the initial foundation for its emergence, as the dominant technology for military development.
Baidu’s Artificial Intelligence Lab Unveils Synthetic Speech System
March 8, 2017
- Now Baidu’s artificial intelligence lab has revealed its work on speech synthesis. One of the challenges in speech synthesis is to reduce the amount of fine-tuning that goes on behind the scenes. Baidu’s big breakthrough is to create a deep-learning machine that largely does away with this kind of meddling. The result is a text-to-speech system called Deep Voice that can learn to talk in just a few hours with little or no human interference.
China blasts CIA after WikiLeaks reveals extent of agency’s hacking abilities
March 9, 2017
- WikiLeaks’ publication of documents detailing the CIA’s vast hacking prowess prompted a rebuke from China’s Foreign Ministry on Thursday over concerns surrounding the security risks caused by the agency’s ability to crack the world’s most widely-used electronic devices. Chinese Foreign Ministry spokesman Geng Shuang said he was concerned when at asked at a press conference Thursday about Beijing’s response to the latest WikiLeaks release — a cache of documents indicating the CIA can compromise an array of popular tech products, including many made and sold in China.
S.Korea’s Lotte Duty Free says China cyber attacks crashed website
Mar. 2, 2017
- A cyber attack from China has crashed the website of Lotte Duty Free, a company official said on Thursday, at a time when South Korean firms are reporting difficulties in China following the deployment of a U.S. missile defence system on their home soil. Distributed denial-of-service (DDoS) attacks – when servers are bombarded with requests – crashed the website around 12:00 p.m. (0300 GMT), the official with direct knowledge of the matter told Reuters, requesting anonymity as the matter was sensitive.
China seeks global support for cyber sovereignty framework
Mar. 2, 2017
- China, which tightly censors the internet, called on Thursday for a new model for governing the web based on rules and order rather than the unfettered access seen in democratic societies. Speaking in Beijing, foreign ministry and cyberspace affairs officials made China’s latest argument for being a global leader in managing the internet. Unveiling the country’s first cyber policy paper, they also stated that China would beef up its cyberwarfare capacities to defend against hacking and other foreign threats. “Cyberattacks, cyber espionage, surveillance have become major issues confronting all countries,” said the coordinator for the foreign ministry’s cyber affairs division, Long Zhou.
How Russian and Chinese hackers are different
February 21, 2017
- With all the spotlights turned on Russia, the fact remains that China has also engaged in cyberattacks on the US government, and these incursions have been successful to date. That said, there are noticeable differences between how Russian and Chinese hackers operate. “The Chinese hackers are more proliferative. They wake up in the morning, put on their uniforms and go to work in an office building,” Hickton said. “The Russian hackers are more likely to be linked to organized crime.”
How Chinese Internet Giant Baidu Uses AI And Machine Learning
Feb 13, 2017
- Cutting edge artificial intelligence (AI) methods such as machine learning and deep learning are being used to reap huge benefits across industries as diverse as finance and healthcare. The basic idea is that once we teach computers to learn in the same way we do, they can absorb and process Big Data at a tremendous rate, soon becoming at least, if not more, reliable than humans when it comes to making decisions. The work of the Chinese giants – most prominently Baidu but also online retailer Ali Baba and chat provider Tencent – in the AI field has received relatively little coverage in western media compared to that afforded to the US giants. This is starting to change as Chinese service providers increasingly look overseas for new customers, and will increasingly spend money to market themselves as global entities. Chinese internet companies are also increasingly physically locating themselves in western markets – particularly Silicon Valley – primarily to take advantage of the local analytics and data talent. So, I thought it would be interesting to focus on one of them for this piece.
Chinese Firms Racing to the Front of the AI Revolution
February 8, 2017
- While US-based firms such as Google, Facebook and Microsoft still dominate the artificial intelligence space, Chinese counterparts like Baidu, Tencent, and Alibaba are quickly catching up, and in some cases, surpassing their US competition. As a consequence, China appears to be on a path to reproduce its success in supercomputing in AI.
China’s New AI Advantage
February 6, 2017
- When it comes to AI, China is making inroads in the technology, rapidly taking shape as the next frontier in business globally and also warfare. As reported by The New York Times, the strategic monopoly in those realms no longer belongs to the United States. In the military realm, the Pentagon has been busy bringing AI to the military at the same time that China is bringing AI to its corporate and commercial endeavors. In one example, Microsoft said that software created by that company had been able to understand speech at a human level. Chinese firm Baidu, for its part, has said it reached similar milestones earlier — in fact, years earlier.
China mulls new commission to monitor internet risks
06 February, 2017
- Beijing is considering establishing a high-level inter-departmental commission to screen internet services and hardwareas it tightens its grip over cyberspace. The Cyberspace Administration of China issued a draft outline on Saturday of measures to bolster online security, saying the commission would assess whether products such as servers or internet services could be hijacked by an outside party, and the privacy of users compromised. The commission would coordinate work related to the screening, the draft said.
Chinese State-Sponsored Cyber Espionage Group Targets Russia with Trojans
Feb 3, 2017
- Espionage groups in China have been using new malware to attack military and aerospace organizations in Russia, a new research reveals. While researchers reported a dramatic decrease in state-sponsored attacks against the United States by Chinese threat actors since the signing of the US-China Cyber Agreement, China-linked advanced persistent threat (APT) groups continue to target other regions. Earlier last year, security researchers at Proofpoint reported that a China-linked threat actor had been using NetTraveler and PlugX remote access trojan (RAT) to target Russia, Belarus, and neighboring countries. Security researchers have now detailed that since the summer of 2016, the same group started using a new downloader, dubbed as ZeroT, to install the PlugX RAT. The group is also using Microsoft Compiled HTML Help (.chm) files to deliver PlugX in spear-phishing emails.
China’s Intelligent Weaponry Gets Smarter
FEB. 3, 2017
- The Pentagon’s plan to bring A.I. to the military is taking shape as Chinese researchers assert themselves in the nascent technology field. And that shift is reflected in surprising commercial advances in artificial intelligence among Chinese companies. Although they boasted that they had outperformed their United States competitors, a well-known A.I. researcher who leads a Silicon Valley laboratory for the Chinese web services company Baidu gently taunted Microsoft, noting that Baidu had achieved similar accuracy with the Chinese language two years earlier.
Artificial Intelligence and LED Can Now Diagnose Cataract
Feb 01, 2017
- Recently, new effective ways to diagnose cataract have been unveiled such as the artificial intelligence system designed to imitate the way the brain handles vision, and LED which measures cataract at a molecular level.These new medical technology can diagnose cataracts just as well as doctors can, new studies show. Designed to focus on identifying a rare eye condition called congenital cataracts, which cloud the lens of a child’s eye from birth and can lead to irreversible vision loss, the new AI system could also diagnose other diseases someday. In the study, scientists in China used an artificial neural network named CC-Cruiser. This network was developed based on the way neurons are arranged in the brain region that deals with vision.
China AI patent submissions shoot up
February 1, 2017
- China has led growth in artificial intelligence-related patent applications in recent years, while total U.S. submissions remained by far the highest, data compiled by Japanese company Astamuse showed. The Tokyo-based company’s tally showed total applications in China grew about 190% to 8,410 in the five-year period from 2010 as compared with the figure for the previous five years. That represents the biggest jump among the 10 countries and regions surveyed, which include the U.S., China, Europe, Japan and South Korea.
Baidu focuses on AI as founder Robin Li hires new management team
25 January, 2017
- After a turbulent 2016, during which 13 per cent was wiped off Baidu’s market value, founder Robin Li needs all the help he can get to put the dominant search engine operator in the world’s largest internet market back on track. During the past four weeks Li has rehired Melissa Ma, his wife and lifelong business partner, and poached at least three executives from Microsoft, Xiaomi and a Chinese local startup to join his senior management team, underscoring the company’s push to regain its traction after an advertising scandal in May destroyed consumer confidence and provoked a rare rebuke from the Chinese government.
Is AI-powered personalized recommendation the next stage of China’s reading applications?
- Qing Mang Magazine, a reading app launched in July, has attracted significant attention from Chinese Internet veterans after hosting a press event in December. Some of the public attention has been for star founder — Wang Junyu, who at age 32, sold his previous company Wan Dou Jia to Alibaba for USD 200 million last July. Toutiao is most representative of this category. It adopts an algorithm-based recommendation scheme. Instead of pushing the same general news to every user, Toutiao and its ilk distribute articles based on subscriptions and data from user reading behaviors, including the open rate and the time spent on different kinds of articles.
Chinese robot ‘reporter’ makes its publishing debut
- Xiao Nan, a robot “reporter” made by a Chinese professor released its maiden work on a daily tabloid in the city of Guangzhou. The 300-character story covering the Spring Festival travel rush was published in the Guangzhou-based Southern Metropolis Daily on Wednesday. Xiao finished the piece within a second, and is able to write both short stories and longer reports, said Wan Xiaojun, the professor at Peking University leading the team that develops these robots.
China Now Leads in Biometric Technology in AI Industry
Jan 15, 2017
- China is now leading the AI industry in terms of biometric identification technology, especially in the field of speech recognition. China Daily reported that speech recognition accounts for about 60 percent of venture capital investments in China AI industry while visual recognition has only 12.5 percent. Biometric identification is at the center of the artificial intelligence industry. The technology enables automatic recognition of an individual’s physiological and behavioral characteristics. By identifying people through fingerprints, face, palms and the eye, the technology helps prevent fraud, improved security and curb identity theft.
In 2017, China Is Doubling Down on AI
January 17, 2017
- The nation’s search giant, Baidu, is leading the charge. Already making serious headway in AI research, it has now announced that former Microsoft executive Qi Lu will take over as its chief operating officer. Lu ran the applications and services division at Microsoft, but, according to the Verge, a large part of his remit was developing strategies for artificial intelligence and chatbots. In a statement, Baidu cites hiring Lu as part of its plan to become a “global leader in AI.”
Chinese AI company plans to mine health data faster than rivals
10 January 2017
- One of China’s most intriguing biotechnology companies has fleshed out an earlier quixotic promise to use artificial intelligence (AI) to revolutionize health care. The Shenzhen firm iCarbonX has formed an ambitious alliance with seven technology companies from around the world that specialize in gathering different types of health-care data, said the company’s founder, Jun Wang, on 5 January at the Digital Life Summit, which was hosted by iCarbonX.
Chinese humanoid robot turns on the charm in Shanghai
January 9, 2017
- “Jia Jia” can hold a simple conversation and make specific facial expressions when asked, and her creator believes the eerily life-like robot heralds a future of cyborg labour in China. Billed as China’s first human-like robot, Jia Jia was first trotted out last year by a team of engineers at the University of Science and Technology of China. Team leader Chen Xiaoping sounded like a proud father as he and his prototype appeared Monday at an economic conference organised by banking giant UBS in Shanghai’s futuristic financial centre.
Chinese authorities publish draft to protect children from cyber bullying
08 Jan 2017
- Chinese authorities have published a draft regulation protecting minors’ rights in cyberspace that includes remedies for online bullying. The draft, published on Friday by the Legislative Affairs Office of the State Council (LAOSC) states that no organisation or individual is allowed to threat, insult or hurt minors online with words, pictures or video, the People’s Daily reported. Guardians and schools with victims of online bullying should report to the police or relevant authorities if necessary, it said.
Baidu joins hands with China’s BAIC Motor Corp. to further develop its intelligent vehicle technology
Jan 7 2017
- Baidu Intelligent Vehicle and BAIC Motor Corporation Ltd., have today come under a two-fold strategic partnership at CES 2017 in order to produce and promote advanced intelligent vehicle technology. One of the main aims of this partnership is to bring in vehicles equipped with Level 3 autonomy on roads by end of 2017 while the other one is to launch automobiles for BAIC Motor Corporation Ltd. furnished with telematics solutions provided by Baidu by mid-2016.
This New Computer Wants to Be the Ultimate AI Assistant for the Home
Jan 05, 2017
- Baidu is teaming up with Chinese consumer tech company Ainemo to launch the device, called Little Fish, which is being positioned as a voice-centric home robot. Ainemo created the hardware, while Baidu created the operating system that powers it. The computer, about the size of a lamp, is designed to handle many of the same tasks one might expect from such a device: managing calendars, answering questions, getting news updates, and ordering food, among other tasks. It does so by dictating responses in addition to pulling up relevant information on its tablet-like display.
China May Overtake the U.S. as the No. 1 in Realizing Autonomous Truck Commercialization
Jan 03, 2017
- On December 21st 2016, TuSimple, a Chinese autonomous driving startup signed a strategic cooperation agreement with the government in Caofeidian District of Tangshan, Hebei Province, China. According to the agreement, TuSimple has been given permission to test its autonomous trucks in Caofeidian District and it is expected to begin its first trial operation of inter-city automated logistics in October, 2017. This makes it possible for TuSimple to realize commercialization of autonomous trucks earlier than American companies like Otto and Peloton.
Chinese trolls jumped the firewall to attack Taiwan’s president and military on Facebook
January 03, 2017
- The trolls are members of Di Ba, one of the largest message boards on China’s internet. About a year ago, the same group launched a trolling campaign on Facebook after Tsai won the presidential election. Around 1,500 people joined the attack this time, which was planned for 9.30pm Beijing time on Dec. 31, according to social media posts about the attack. Pro-China and anti-Taiwan posts soon took over Tsai’s and other Facebook pages. Tsai had disabled the function that allows comments with images to be posted on her page. But Tsai’s post about her New Year speech, written earlier on the afternoon of Dec. 31, attracted over 5,000 comments dominated by Chinese internet users. They posted lyrics of Chinese political songs, and poems adapted or created to insult Taiwan. In one poem, they said that Taiwan is nothing more than a “little insect,” rather than one of the “four little dragons,” a term used for Asia’s rapidly growing economies from the 1960s to the 90s. In another, they called Tsai an arrogrant, short-sighted “green frog” that “calls the Yamato beasts its family.” (DPP is represented by the color green, and “Yamato” refers to the the dominate ethnic group of Japan.)
China gets up to speed in competition for driverless cars
- Forget drones, supercomputers and robots: The battle for leadership in artificial intelligence, or AI, is being fought on four wheels. And it’s coming soon to China’s streets and highways. China’s advantages in the driverless car market stem from having lagged behind other countries in traditional motor technology over the last century, said Wang Jing, senior vice-president of Baidu and general manager of its autonomous driving unit. This shift to AI and other advanced technologies has led to the scales being rebalanced, Wang told Bloomberg. No longer does a single country hold an overall advantage.
China’s Zhizhen eyes global expansion with its artificial intelligence bot
28 December, 2016
- 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.
China renews calls for tighter cyberspace security: CAC
Dec 27, 2016
- China’s top cybersecurity body reaffirmed its commitment to heightened cybersecurity surveillance on Tuesday, calling for increased scrutiny of local and foreign technology used in industries deemed critical to the national interest. A strategy document, released by the Cybersecurity Administration of China (CAC), laid out the framework for a controversial cybersecurity law released in November, which foreign business groups say could bar overseas firms from competing in the market.
Chinese traders charged with insider trading on hacked information
Dec. 27, 2016
- Chinese traders hacked into the computer systems of U.S. law firms that handle mergers, then used the data for insider trading that generated more than $4 million in illegal profits, federal prosecutors and regulators charged Tuesday. The suspects in the alleged criminal marriage of cyber-hacking and securities fraud targeted at least seven law firms and other entities that handle the sensitive and often lucrative legal work of advising companies pursuing mergers and acquisitions, according to a 13-count superseding indictment unsealed in New York.
Exclusive: FBI probes FDIC hack linked to China’s military – sources
Dec 23, 2016
- The FBI is investigating how hackers infiltrated computers at the Federal Deposit Insurance Corporation for several years beginning in 2010 in a breach senior FDIC officials believe was sponsored by China’s military, people with knowledge of the matter said. The security breach, in which hackers gained access to dozens of computers including the workstation for former FDIC Chairwoman Sheila Bair, has also been the target of a probe by a congressional committee.
Researcher proposes parallel Intelligence, a move toward the intelligent future
December 22, 2016
- Nine months ago, a computer beat one of the world’s best players at one of the world’s oldest games, Go. That was the start of the era of new IT, Intelligent Technology, according to Fei-Yue Wang, a professor at the Chinese Academy of Sciences.”This victory stunned many in the AI field and beyond,” wrote Wang in an editorial published in IEEE/CAA Journal of Automatica Sinica (JAS), based on a speech he gave at the 30th anniversary of the Institute of Artificial Intelligence and Robotics at the Xian Jiaotong University in Xian, China. “It marked the beginning of a new era in AI—parallel intelligence.”
Huawei unveils AI-enabled smartphone
- Huawei Technologies Co Ltd unveiled an artificial-intelligence-enabled smartphone on Friday, as the world’s third biggest handset maker ramped up its resources to experiment with cutting-edge technology and new industrial design. Honor Magic, released by Huawei’s sub-brand Honor, comes with dual cameras in both the front and the rear. It is also equipped with the Shenzhen-based firm’s latest fast-charging technology which promises over 90 percent of battery strength with a half-hour charge, faster than most rival products.
AI: Already all around us, and touching many aspects of business and everyday life
16 December, 2016
- So called “robo-advisers”, a label for digitised asset management websites or apps that offer financial guidance and investment services based on algorithms, are fast becoming a popular option. Tap in your age, background, assets and risk tolerance, and algorithms deliver options that might best suit, explains Zheng Yudong, chief executive of Xuanji, the robo-advisory unit of Chinese financial technology platform Pintec Group.
Asia Times: Report: China’s Spies Gain Valuable U.S. Defense Technology
December 8, 2016
- China has gained military benefits in recent years from stealing defense secrets through industrial and cyber espionage carried out by its intelligence services, according to a US congressional report. “In recent years, Chinese agents have extracted data on some of the most advanced weapons and weapons systems in the US arsenal, such as jet fighters and unmanned submersible vehicles,” states the annual report of the US-China Economic and Security Review Commission, released on November 16. “The loss of these and other sensitive defense technologies undermines US military superiority by accelerating China’s military modernization and giving China insight into the capabilities and operation of US weapons and weapons systems,” the report adds.
A Chinese Internet Giant Enters the AI Race
December 8, 2016
- Tencent, based in Shenzhen, in southern China, operates a range of online and mobile services, including the hugely popular social mobile apps WeChat and QQ. The company created its AI lab in April, and it is growing rapidly. Tencent sent a delegation of AI researchers, recruiters, and business representatives to the industry’s preeminent event, the Neural Information Processing Systems conference, held in Barcelona, Spain, this week. So far, Tencent’s AI Lab has around 30 researchers, mostly PhDs, says Xing Yao, vice president at Tencent overseeing the AI lab and the AI platform group. This is a modest number compared to the labs operated by Google or Facebook, and but the plan is to grow it quickly, and to begin publishing original work at leading conferences next year.
‘Code Cat’ Gets Chinese Kids Hooked on Programming
Dec 08, 2016
- China is pushing innovation as part of its long-term goal to move away from low-cost manufacturing and become a knowledge-based economy that produces high-value-added goods, such as microchips and robots. As a result, “maker culture” — a phenomenon that combines curiosity-driven engineering with a do-it-yourself mentality — has found its way into Chinese primary and middle schools, often in the form of technology labs and extracurricular clubs, and sometimes with the help of government subsidies.
Baidu Launches AI Platform, ‘Tianzhi,’ to Further Expand Cloud Usage
Dec 04, 2016
- Chinese Internet giant Baidu Inc has launched on Wednesday, Nov. 30, an artificial intelligence (AI) platform called “Tianzhi,” aimed at expanding cloud use among commercial users, China Daily reported. Powered by Baidu’s cloud computing technologies, the platform has three sub-layers that include perception, deep learning and machine learning.
China using AI to censor sensitive topics in online group chats
Nov. 30, 2016
- China appears to have massively upgraded its powerful online censorship apparatus, using it to more severely block sensitive topics in group conversations while allowing freer rein in private chats – a sign, one expert says, of a dramatic leap in the use of artificial intelligence to silence speech that falls afoul of the Communist Party. The growing sophistication of China’s Internet blocking, uncovered by researchers at the University of Toronto, offers a window into how the country’s authoritarian regulators are growing savvier at choking out what they see as undesirable speech – while limiting the anger their deletions stir both domestically and abroad.