Chinese technology company AI investment far exceeds US companies | British media: China market has data advantage

British media said that according to the latest research, in this year's investment competition for artificial intelligence and machine learning, Chinese technology giants have surpassed the Silicon Valley giants.

According to the British "Daily Telegraph" website reported on October 7, the eight largest US and Chinese technology companies invested about 14 billion US dollars in artificial intelligence this year, of which Chinese companies occupy a clear leading position.

According to data compiled by the US financial data company, 'Project Proposal' data company, China's four major technology groups have participated in a total of 12.8 billion US dollars in investment transactions.

In contrast, their four largest competitors in the US, the 'alphabet' company, Amazon, Apple and Facebook, are involved in artificial intelligence investment transactions totaling only $1.7 billion.

Tencent has been involved in a total investment value of $10.5 billion since the beginning of 2017. Google's parent company 'Alphabet' is the most active company in Silicon Valley, and it only participated in the $1.6 billion artificial intelligence investment transaction, and went with Tencent. Far away.

According to the report, China's growing interest in artificial intelligence indicates that Beijing is paying more and more attention to high technology. In 2016, Tencent launched an artificial intelligence research laboratory with the idea of ​​'making artificial intelligence everywhere'. Tencent is concerned about some Key areas include speech recognition and natural language processing, and many technologies have been integrated into Tencent's services.

According to the report, China's advancement in artificial intelligence is closely related to the application and development of facial recognition technology.

Alibaba Group led a round of investment in April this year, and the facial recognition technology company, Shangtang Technology, raised 600 million US dollars in the process. China's advancement in artificial intelligence is largely due to the convenience of obtaining data. Sex.

James Crabtree, associate professor of Lee Kuan Yew School of Public Policy in Singapore, said: 'The great advantage of these Chinese technology companies in the domestic market is that they can bring together different kinds of data, which is much greater than in Western countries.'

Crabtree said: 'People are fascinated by Chinese facial recognition technology, but the reason why this technology is so good is partly because of its innovation, and partly because it can integrate the databases you need more easily. '

On September 17, 2018, a staff member at the World Artificial Intelligence Conference showed visitors how to purchase goods in the '24-hour Smart Supermarket'. Xinhua News Agency reporter Ding Ting photo

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