Tag Archives: China

What’s happened in AI: September 17th-23rd

By | September 24, 2018

Big event this week was the World Artificial Intelligence Conference 2018 held in Shanghai. We saw numerous announcements from countries, tech firms, and individuals throughout the event. Highlights include a new partnership on AI between Japan and China, and Amazon’s new research center in Shanghai. Company developments: Amazon launches Scout, a machine learning-powered visual shopping… Read More »

What’s happened in AI: September 11th-16th

By | September 17, 2018

This week we saw some interesting M&A activity. Microsoft made yet another acquisition in the field of AI. This time they acquired Lobe, who’s developed an AI drag and drop tool. In addition we saw U.K. based Medopad acquire Sherbit to continue to enhance their AI driven disease detection solutions. KPMG has previously said Medopad… Read More »

What’s happened in AI: September 4th-10th

By | September 12, 2018

There’s something about the week after Labor day. It seems like every industry starts firing on all cylinders with deals, meetings, and new developments. The AI industry is no different as we saw a plethora of fascinating developments. Highlights include Renesas’ $6.7bn purchase of IDT to expand further into autonomous vehicles, the Pentagon’s $2bn investment… Read More »

What’s happened in AI: August 27th-September 3rd

By | September 4, 2018

Busy week leading into Labor Day weekend. Highlights are centered around the autonomous vehicle world with one of Apple’s self-driving cars getting rear-ended, and Toyota investing $500mm into Uber. Very interesting move by Toyota given their own autonomous vehicle program and Uber’s have struggled compared to peers. Maybe this partnership provides synergies that aren’t immediately… Read More »

What’s happened in AI: August 19th-26th

By | August 27, 2018

Big highlight this week is China Growth Capital’s Wayne Shiong predicting that Chinese AI companies could see their valuations decrease by 30-50%, reflecting signs of a liquidity crunch. My take is it’s too early to tell if the valuation hits will actually happen. You have to look at it on a macro / political perspective… Read More »

What’s happened in AI: August 13th-18th

By | August 19, 2018

Quite a few interesting trends this week in AI. On the fundraising side, we saw three different AI startups focused on infrastructure raise capital. I can see this trend continuing as there is no shortage of energy, transportation, and other infrastructure-related assets that could benefit from improvements in maintenance efficiencies through the use of AI.… Read More »

What’s happened in AI: August 6th-12th

By | August 13, 2018

Heavy week on the fundraising side. In particular, lots of Chinese AI startups raised money this week including Moviebook, Suiyuan, and Tianrang. In addition to startup fundraising, nonprofits were big winners this week as well. AI4All, a nonprofit working to increase diversity and inclusion in artificial intelligence, received a $1mm grant from Google. It’s great to… Read More »

What’s happened in AI: July 31st – August 5th

By | August 6, 2018

This week was relatively light compared to others, but nonetheless, there were some important developments. In particular, Microsoft revealed another failed chatbot. This time it’s so politically correct that it’s cringeworthy. Speaking of failed AI technology, Rep. Jerrold Nadler and Sens. Ron Wyden, Chris Coons, Ed Markey and Cory Booker are pushing for an investigation… Read More »