AI

New facial recognition technology is shaping China’s retail industry but it’s having to write the rules as it goes along, writes Jake Mendrik, Facial-recognition technology is central to the current Artificial Intelligence (AI) boom taking place in China. In recent months, three of the country’s vision-based solution start-ups have attained ‘unicorn’ status, with market valuation of at least USD $1 billion. No other country can claim to have a single …

There is scope for British companies to join the smart parking race in China, which will reduce pollution and ease congestion, writes Jake Mendrik Not long ago there were well over 1,000 new cars hitting the streets of Beijing every single day. Nationally, Chinese customers were buying nearly 1.5 million cars each month for the first years of this decade. The congestion and the pollution that these new cars caused …

Is artificial intelligence the space race of our generation? If so, China is currently winning, writes Tom Pattinson On New Year’s Eve, Xi Jinping addressed the nation from behind his desk in his office. His speech outlined the plans for the country for the year ahead but eagle-eyed netizens scoured the bookshelves behind the President to see if they could gauge what the president was reading. Two new books stood …