SenseTime, a Chinese company which makes AI algorithms, is called SenseTime. It is currently valued above US$8Billion and was blacklisted by US authorities. What are you to expect from a company with a market capitalization of more than US$8billion? Continue reading to learn more. This article also provides insights into what to expect from a Chinese AI company. What should you do if you are interested in using AI to make your phone smarter? These are some things to think about.
SenseTime (Chinese company)
While a series of regulatory actions against Chinese tech giants is slowing, SenseTime's problems seem to be in a different category. Three years ago, eight Chinese companies were banned by the US because of Beijing's oppressive crackdown against the Uyghur Muslim community in Xinjiang. China has denied all of these allegations repeatedly. For its controversial listing, the Treasury Department has rejected the Chinese company.
It allows AI algorithms to be developed.
The question is, "Does SenseTime make AI algorithms?" The short answer is yes. SenseTime develops AI algorithms for customers and licenses them. It sells AI-embedded hardware and software. It recently started offering a service for AI model production. Its business model is very similar to Adobe's. They sell digital goods that can be used in a variety of ways.
It is valued at over US$8 billion
SenseTime is one of China's most successful startups, valued at over US$8 billion. The company is focused on facial recognition technology and has raised more than US$1.6 billion from investors, including Alibaba Group Holdings, Temasek Holdings, and Softbank. Its AI technologies are used in a wide range of applications including education and unmanned vehicle. Its technology is also used to create AR and AI special effects.
It has been placed on the US blacklist
SenseTime, a Chinese software company that provides facial recognition software to businesses, is called SenseTime. As of early 2019, SenseTime has been on the Department of Commerce's blacklist, which means American companies cannot sell or provide their tech to them. This ban is particularly harmful for AI companies based in China. SenseTime's AI software was used to monitor Uyghurs in China. This technology is a major part of China's surveillance system.
It has over 400 customers
SenseTime has locations in Hong Kong (Beijing, Shenzhen Shanghai, Chengdu), and Singapore. It also has strategic partners including China Mobile, HNA Group, and Wanda Group. SenseTime is a global company that attracts top talent with offices located in major cities. The company is a global leader in technology. It has social media accounts on Weibo and WeChat.
It boasts a supercomputing platform that can support 8,000 GPUs
SenseTime has built a supercomputing platform with more than 8,000 CPUs for deep learning. This makes it one the largest supercomputer platforms in China. SenseTime can process hundreds of millions of images and create models with hundreds, if not billions of parameters. This supercomputer is comparable to the Piz Daint. To develop its AI technology, the company has partnered with top technology companies like Nvidia. SenseTime plans to build five supercomputers within major Chinese cities over the next year and will use the funding for this purpose.
It also has a Healthcare Division
SenseTime has developed a comprehensive AI-powered platform that can support various areas of healthcare. SenseCare(r), Smart Health Platform is one of the company's products. It offers applications for healthcare in 13 different organ systems, as well as in the fields pathology, orthosis, and neurology. SenseCare(r), which is designed to support physicians throughout the clinical process and meet the needs of different departments, is called SenseCare(r). The healthcare division of SenseTime provides AI-powered solutions to help health professionals improve their practice efficiency.
FAQ
What is the newest AI invention?
Deep Learning is the latest AI invention. Deep learning, a form of artificial intelligence, uses neural networks (a type machine learning) for tasks like image recognition, speech recognition and language translation. Google was the first to develop it.
Google recently used deep learning to create an algorithm that can write its code. This was accomplished using a neural network named "Google Brain," which was trained with a lot of data from YouTube videos.
This allowed the system's ability to write programs by itself.
IBM announced in 2015 they had created a computer program that could create music. Neural networks are also used in music creation. These are known as "neural networks for music" or NN-FM.
Why is AI so important?
It is expected that there will be billions of connected devices within the next 30 years. These devices will include everything from fridges and cars. The combination of billions of devices and the internet makes up the Internet of Things (IoT). IoT devices can communicate with one another and share information. They will also make decisions for themselves. For example, a fridge might decide whether to order more milk based on past consumption patterns.
It is expected that there will be 50 Billion IoT devices by 2025. This is a huge opportunity to businesses. This presents a huge opportunity for businesses, but it also raises security and privacy concerns.
How does AI work
An algorithm refers to a set of instructions that tells computers how to solve problems. An algorithm can be expressed as a series of steps. Each step has an execution date. The computer executes each instruction in sequence until all conditions are satisfied. This process repeats until the final result is achieved.
Let's say, for instance, you want to find 5. You could write down every single number between 1 and 10, calculate the square root for each one, and then take the average. However, this isn't practical. You can write the following formula instead:
sqrt(x) x^0.5
This will tell you to square the input then divide it twice and multiply it by 2.
A computer follows this same principle. It takes your input, squares and multiplies by 2 to get 0.5. Finally, it outputs the answer.
Which industries use AI the most?
The automotive industry was one of the first to embrace AI. For example, BMW AG uses AI to diagnose car problems, Ford Motor Company uses AI to develop self-driving cars, and General Motors uses AI to power its autonomous vehicle fleet.
Other AI industries are banking, insurance and healthcare.
AI: Why do we use it?
Artificial intelligence (computer science) is the study of artificial behavior. It can be used in practical applications such a robotics, natural languages processing, game-playing, and other areas of computer science.
AI is also known as machine learning. It is the study and application of algorithms to help machines learn, even if they are not programmed.
Two main reasons AI is used are:
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To make life easier.
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To be able to do things better than ourselves.
A good example of this would be self-driving cars. AI can take the place of a driver.
Is Alexa an Ai?
The answer is yes. But not quite yet.
Amazon created Alexa, a cloud based voice service. It allows users to interact with devices using their voice.
The Echo smart speaker, which first featured Alexa technology, was released. However, since then, other companies have used similar technologies to create their own versions of Alexa.
Some examples include Google Home (Apple's Siri), and Microsoft's Cortana.
What will the government do about AI regulation?
The government is already trying to regulate AI but it needs to be done better. They must ensure that individuals have control over how their data is used. Aim to make sure that AI isn't used in unethical ways by companies.
They also need to ensure that we're not creating an unfair playing field between different types of businesses. If you are a small business owner and want to use AI to run your business, you should be allowed to do so without being restricted by big companies.
Statistics
- Additionally, keeping in mind the current crisis, the AI is designed in a manner where it reduces the carbon footprint by 20-40%. (analyticsinsight.net)
- More than 70 percent of users claim they book trips on their phones, review travel tips, and research local landmarks and restaurants. (builtin.com)
- According to the company's website, more than 800 financial firms use AlphaSense, including some Fortune 500 corporations. (builtin.com)
- A 2021 Pew Research survey revealed that 37 percent of respondents who are more concerned than excited about AI had concerns including job loss, privacy, and AI's potential to “surpass human skills.” (builtin.com)
- The company's AI team trained an image recognition model to 85 percent accuracy using billions of public Instagram photos tagged with hashtags. (builtin.com)
External Links
How To
How to set up Cortana Daily Briefing
Cortana can be used as a digital assistant in Windows 10. It is designed to help users find answers quickly, keep them informed, and get things done across their devices.
The goal of setting up a daily briefing is to make your personal life easier by providing you with useful information at any given moment. You can expect news, weather, stock prices, stock quotes, traffic reports, reminders, among other information. You can choose the information you wish and how often.
To access Cortana, press Win + I and select "Cortana." Select Daily briefings under "Settings", then scroll down until it appears as an option to enable/disable the daily briefing feature.
Here's how you can customize the daily briefing feature if you have enabled it.
1. Start the Cortana App.
2. Scroll down to the section "My Day".
3. Click the arrow near "Customize My Day."
4. You can choose which type of information that you wish to receive every day.
5. You can adjust the frequency of the updates.
6. You can add or remove items from your list.
7. You can save the changes.
8. Close the app