Company developments: Aptiv’s self-driving cars hit 50,000 ride milestone in Las Vegas – Jun. 14, 2019 (NBC) Their fleet currently offers ride-sharing options through Lyft, as users have the option to request the self-driving cars if they’d like to Facebook to open third London office with 100 new AI roles – Jun. 12, 2019 (VentureBeat)… Read More »
We’ve seen two sides of Microsoft over the past two weeks. Last week, we learned that Microsoft was working with a Chinese military university on AI. This week, we learned they declined to sell their facial recognition technology to California law enforcement. While encouraging to hear given the current privacy and civil rights violations associated with many facial recognition technologies, the fact that they’re operating in China on this topic should still leave us all concerned. More weekly news can be found below.
Thanks to Uber’s S-1 filing we have new insight on their investment activities surrounding autonomous vehicles. Last year they spent over $450mm on autonomous vehicles, and ~$1bn in total over the past three years. Quite a big bet they’re making and it will be interesting to see how they stack up against Lyft in the future. Other weekly news can be found below.
Lots of news out of China this week. Biggest story was Victor Gevers, a security researcher for the GDI Foundation, finding a database belonging to SenseNets. The Shenzen based company provides facial recognition and other monitoring systems to the Chinese police. Everyone knows that China is utilizing AI to enhance the government’s surveillance capabilities, but this was the first insight we’ve gained into the scope of the government’s operations in the Xianjiang province. It’s looking quite Orwellian there. It’s also notable that SenseTime divested their stake in SenseNets right after finding out about the security breach.
Lots of great healthcare developments stemming from AI this week. Researchers from the Icahn School of Medicine at Mount Sinai and Keck School of Medicine at the University of Southern California (USC) published data on a novel machine-learning framework they developed that distinguishes between low- and high-risk prostate cancer with more precision than ever before.
On the fundraising side, KenSci raised $22mm to progress their AI-driven prediction platform that helps practitioners cut costs intelligently by identifying contributing clinical and financial factors and by analyzing data across various sources like electronic medical records, public records, demographics, claims data, and devices.
The AI research capabilities of Microsoft continue to expand. This week they opened two separate AI labs in China.
The first will be located in Nanchang city and will focus on VR in addition to AI applications in established manufacturing companies. The second will be located in Shanghai and will focus on IoT in addition to AI. It’s clear Microsoft has gained favor with the Chinese government as these are two major developments with regards to their China strategy.
Extremely busy week in the AI world, particularly because of the 2019 annual CES conference. Lots of companies announced new product developments, partnerships, and investment in their AI strategy.
One of the biggest CES developments came from Xiaomi, who announced a $1.5bn investment in AI and smart devices. The recently IPO’d tech company is looking to expand aggressively, likely driven in part from the Chinese stock market’s recent sell off. Other weekly news can be found below.
Big news out of China this week on yet another ambitious AI project. This time they’re looking to create an underwater AI colony in the South China sea. The base will be for scientific research and defense purposes, so will be interesting to see how much investment is put into this.