US introduces new AI chip export restrictions

NVIDIA has revealed that it’s subject to new laws restricting the export of AI chips to China and Russia.

In an SEC filing, NVIDIA says the US government has informed the chipmaker of a new license requirement that impacts two of its GPUs designed to speed up machine learning tasks: the current A100, and the upcoming H100.

“The license requirement also includes any future NVIDIA integrated circuit achieving both peak performance and chip-to-chip I/O performance equal...

SenseTime prepares to list on the Hong Kong Stock Exchange

Chinese AI giant SenseTime has received regulatory approval to list on the Hong Kong Stock Exchange (HKSE).

SenseTime is the world’s most-funded AI firm and has attracted large investments in part due to providing technology for the Chinese government’s vast surveillance network.

The company’s Viper system aims to process and analyse over 100,000 simultaneous real-time streams from traffic cameras, ATMs, and more to automatically tag and keep track of...

Tencent Cloud unveils three world-class AI chips

AI Chips

Tencent Cloud claims to have developed three world-class AI chips that substantially outperform rivals, although details at this point are scarce.

The third largest cloud services company in China, following Alibaba and Huawei, Tencent recently revealed the three chips at its 2021 Digital Ecology Conference.

Current information on the three chips can be summarised as follows:

Zixiao – an “AI reasoning” chip that supposedly offers 100 percent better...

GlobalData: China is ahead of global rivals for AI ‘unicorns’

China is pulling ahead of global rivals when it comes to innovative AI “unicorns” that are pushing the technology forward.

Research from GlobalData has found that – of the 45 international AI unicorns identified – China has the largest share with 19 based in the country.

Priya Toppo, Analyst of Thematic Research at GlobalData, comments:

“China is a leading player in AI, with a number of established companies such as Baidu, Hikvision, iFlytek, Tencent,...

Chinese AI chipmaker Horizon endeavours to raise $700M to rival NVIDIA

AI chipmaker Horizon Robotics is seeking to raise $700 million in a new funding round.

Horizon is often seen as potentially becoming China’s equivalent of NVIDIA. The company is founded by Dr Kai Yu, a prominent industry figure with quite the credentials.

Yu led Baidu’s AI Research lab for three years, founded the Baidu Institute of Deep Learning, and launched the company’s autonomous driving business unit.

Furthermore, Yu has taught at Stanford...

Baidu ends participation in AI alliance as US-China relations deteriorate

Baidu will no longer participate in the Partnership on AI (PAI) alliance amid deteriorating relations between the US and China.

PAI is a US-led alliance which aims to foster the ethical development and deployment of AI technologies. Baidu was the only Chinese member.

The loss of Baidu's expertise and any representation from China is devastating for PAI. Ethical AI development requires global cooperation to set acceptable standards which help to ensure safety while not...

Shanghai uses facial recognition to help catch drug offenders

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Facial recognition is being used in Shanghai to help catch individuals suspected of abusing pharmaceuticals.

South China Morning Post reports that Shanghai is testing facial recognition terminals in pharmacies that will verify a person’s identity prior to dispensing controlled substances.

Some legal medications can be turned into banned drugs. Cold and allergy medications, for example, often contain ephedrine which is a key component of crystal meth.

Any...

ABI Research: USA reclaims the top spot from China for AI investments

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A year after China overtook the USA as the number one country for AI investments, the Americans have reclaimed pole position.

According to figures published by ABI Research, the United States received 52.3 percent of global AI investments in 2018.

In 2018, investments in US-based AI technologies reached a total of $9.7 billion. This represents a staggering 120 percent year-on-year growth.

Huge AI investments from companies such as Zoox, Cruise Automation,...

WIC: Baidu CEO remains bullish of company’s AI investments

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Baidu CEO Robin Li says he remains bullish on his company’s AI investments despite recent troubles.

This year, Baidu’s stock price has dropped 36 percent. Li used the Game of Thrones phrase that “winter is coming” following a first-quarter loss.

Baidu has since not only been asking employees to fly economy rather than business, and not to stay in five-star hotels, but even to reduce the number of paper towels and cups they’re using in the office.

AI...

US adds Chinese AI firms to ban list citing abuses against Muslims in Xinjiang

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A collection of Chinese AI and facial recognition firms have been added to a US blacklist citing rights abuses against Muslims in Xinjiang.

28 Chinese firms have been added (PDF) to the “entity list” of the US government which prohibits American companies from continuing any links with them.

The US government said the firms were blacklisted for playing a role in the "implementation of China's campaign of repression, mass arbitrary detention, and high-technology...