SenseTime is a Chinese company making AI algorithms. The US government has blacklisted SenseTime, which is valued at more than US$8 billion. What can you expect from a company valued at more than US$8 billion? Find out more. This article will also provide insight on what to expect of a Chinese AI company. If you're interested in AI for your phone, what should you do? Here are some ideas.
SenseTime can be described as a Chinese company
While a series of regulatory actions against Chinese tech giants is slowing, SenseTime's problems seem to be in a different category. The US government had banned eight Chinese companies three years ago. This was due to Beijing's brutal crackdown on Uyghur Muslims in Xinjiang. China has denied these accusations repeatedly. For its controversial listing, the Treasury Department has rejected the Chinese company.
It makes AI algorithms
The question is: "Does SenseTime develop AI algorithms?" The answer is, in a nutshell: yes. SenseTime makes AI algorithms and licenses them to customers. It sells AI embedded hardware and software. But recently it has started offering AI model production as a service. Its business model resembles Adobe's. This company sells digital goods which are both highly specialized and universally applicable.
It is worth more than US$8billion
SenseTime, a China-based startup valued at more US$8.3 billion, is one the most successful. The company is focused upon facial recognition technology. Softbank, Temasek Holdings as well as Alibaba Group Holdings have all contributed more than US$1.6billion to the fund. Its AI technology can be used in education as well as unmanned vehicles. Its technology also allows for AR and AI special effects.
It has been removed by the US
SenseTime is a Chinese firm that creates facial recognition software for companies. SenseTime was placed on the Department of Commerce's "blacklist" in early 2019. This means that American companies can no longer sell or give their technology to them. This ban is particularly problematic for AI companies that operate in China. SenseTime's software for AI monitoring Uyghurs living in China has been used by the Chinese government to spy on them.
It has over 400 clients
SenseTime also has offices in Hong Kong and Shenzhen. Shanghai, Chengdu and Shanghai. China Mobile, HNA Group, Wanda Group and Wanda Group are its strategic partners. SenseTime employs top talent worldwide, with offices in several major cities. The company is a leader in technology and has social media accounts on Weibo, WeChat, and Weibo.
It is equipped with 8,000 GPUs and a supercomputing system.
SenseTime is building a platform for supercomputing that enables deep learning. It boasts more than 8,000 GPUs. 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 intends to build five supercomputers at major Chinese cities within the next year. The funding will be used to help develop these machines.
It also has a healthcare division.
SenseTime is a leading AI-powered platform for healthcare that provides support in many areas. SenseCare(r), Smart Health Platform and 13 other healthcare systems are offered by the company. These applications include those in neurology, orthopedics, and pathology. SenseCare(r), designed to aid physicians in the complete clinical process by meeting the requirements of multiple departments, is available at no additional cost. The healthcare division at SenseTime offers AI-powered solutions that help professionals in the field of health to improve their practice efficiency.
FAQ
Where did AI come?
Artificial intelligence was established in 1950 when Alan Turing proposed a test for intelligent computers. He suggested that machines would be considered intelligent if they could fool people into believing they were speaking to another human.
John McCarthy later took up the idea and wrote an essay titled "Can Machines Think?" John McCarthy published an essay entitled "Can Machines Think?" in 1956. He described in it the problems that AI researchers face and proposed possible solutions.
Which are some examples for AI applications?
AI can be applied in many areas such as finance, healthcare manufacturing, transportation, energy and education. Here are a few examples.
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Finance – AI is already helping banks detect fraud. AI can scan millions upon millions of transactions per day to flag suspicious activity.
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Healthcare – AI helps diagnose and spot cancerous cell, and recommends treatments.
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Manufacturing – Artificial Intelligence is used in factories for efficiency improvements and cost reductions.
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Transportation - Self driving cars have been successfully tested in California. They are currently being tested around the globe.
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Energy - AI is being used by utilities to monitor power usage patterns.
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Education - AI can be used to teach. Students can, for example, interact with robots using their smartphones.
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Government – AI is being used in government to help track terrorists, criminals and missing persons.
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Law Enforcement – AI is being utilized as part of police investigation. Databases containing thousands hours of CCTV footage are available for detectives to search.
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Defense - AI systems can be used offensively as well defensively. Artificial intelligence systems can be used to hack enemy computers. For defense purposes, AI systems can be used for cyber security to protect military bases.
Is AI good or bad?
AI can be viewed both positively and negatively. On the positive side, it allows us to do things faster than ever before. It is no longer necessary to spend hours creating programs that do tasks like word processing or spreadsheets. Instead, we ask our computers for these functions.
On the other side, many fear that AI could eventually replace humans. Many believe that robots could eventually be smarter than their creators. This may lead to them taking over certain jobs.
How does AI work?
An artificial neural network is made up of many simple processors called neurons. Each neuron receives inputs and then processes them using mathematical operations.
Neurons are organized in layers. Each layer has its own function. The first layer receives raw data like sounds, images, etc. These are then passed on to the next layer which further processes them. Finally, the output is produced by the final layer.
Each neuron has a weighting value associated with it. This value is multiplied with new inputs and added to the total weighted sum of all prior values. If the number is greater than zero then the neuron activates. It sends a signal down the line telling the next neuron what to do.
This cycle continues until the network ends, at which point the final results can be produced.
Statistics
- In the first half of 2017, the company discovered and banned 300,000 terrorist-linked accounts, 95 percent of which were found by non-human, artificially intelligent machines. (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)
- In 2019, AI adoption among large companies increased by 47% compared to 2018, according to the latest Artificial IntelligenceIndex report. (marsner.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)
- That's as many of us that have been in that AI space would say, it's about 70 or 80 percent of the work. (finra.org)
External Links
How To
How to set Cortana for daily briefing
Cortana is Windows 10's digital assistant. It helps users quickly find information, get answers and complete tasks across all their devices.
Setting up a daily briefing will help make your life easier by giving you useful information at any time. This information could include news, weather reports, stock prices and traffic reports. You have the option to choose which information you wish to receive and how frequently.
Win + I, then select Cortana to access Cortana. Click on "Settings", then select "Daily briefings", and scroll down until the option is available to enable or disable this feature.
If you have enabled the daily summary feature, here are some tips to personalize it.
1. Open the Cortana app.
2. Scroll down to section "My Day".
3. Click on the arrow next "Customize My Day."
4. Choose the type of information you would like to receive each day.
5. Change the frequency of updates.
6. Add or remove items from your shopping list.
7. Save the changes.
8. Close the app