COVID gave China an edge in A.I. battle against the U.S. | Fortune

“The U.S. and China are battling for global supremacy in artificial intelligence. Amid the pandemic, China may have taken the lead.
“Data is what drives A.I., and China has more data than anyone else,” Kai-Fu Lee, CEO of Chinese venture capital firm Sinovation ­Ventures and author of AI Superpowers: China, Silicon Valley, and the New World Order, said at the Fortune Global Forum on Tuesday.”

Read the full article @ Fortune (paywall):

The mutating SARS-CoV-2 is gaining virulence against the young COVID-19 patients | Demiurge Technologies

“As the world’s first AI-biopharma company that has discovered and publicized the precise aetiology and pathology of COVID-19, we are committed to the non-profit dissemination of our COVID-19 discoveries and the public validation of our COVID-19 clinical predictions.”

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Alibaba-backed AI startup SenseTime to help China handle digital Yuan | Cointelegraph

“As China is moving forward with blockchain projects amid the COVID-19 crisis, the government has tapped another tech partnership to continue the development of China’s digital yuan.

Domestic artificial intelligence (AI) startup SenseTime has partnered with the People’s Bank of China’s (PBoC) Digital Currency Research Institute to provide its AI expertise amid the reported trials of the central bank’s digital currency (CBDC).”

Read the full article @ Cointelegraph:

Ping An’s blockchain, AI-based consumer finance firm launches in China with $700m funding | Ledger Insights

“Yesterday, China’s Ping An Insurance announced it has set up Ping An Consumer Finance in Shanghai with a registered capital of RMB 5 billion ($700 million). The new company has been established under Ping An’s ‘finance+technology’ strategy and incorporates the Group’s expertise in AI, blockchain and cloud computing.

Ping An said its technology system would underpin the entire consumer finance business, including customer acquisition, product innovation, credit review, risk management, post-lending management and customer service. The goal is to create synergy between other group companies and form a closed-loop financial system.

[…]

Ping An has a significant presence in the blockchain space, with 68 blockchain patents. It also has 679 AI patents and 48 in cloud computing. OneConnect Financial, an AI and blockchain offshoot from the group, went public on the New York stock exchange last year.”

Read the full article @ Ledger Insights:

Blockchain now officially part of China’s technology strategy | coindesk

“The National Development and Reform Commission (NDRC) told reporters Monday blockchain will join other emerging technologies such as cloud computing, artificial intelligence (AI) and the internet of things (IoT) in underpinning the systems China uses to manage the flow of information in the coming years.”

Read the full article @ coindesk:

Tencent bets big on AI development with investment in two startups | KrASIA

“Chinese internet giant Tencent (HKG: 0700) has placed a strategic bet on the AI industry by investing in two companies, local media Caijingtuya reported on Monday.

Through the Tencent Industry Win-Win Fund, the corporate venture arm of Tencent, the internet giant took a 2.44% stake in Ningbo-based AI vision company Qting Vision on Sunday, just one day after it obtained a 1.23% stock in Beijing-based Sinoits Tech, according to enterprise data provider Tianyancha. Financial details of both deals were not disclosed.”

Read the full article @ KrASIA:

Tencent unveils investments for virus-hit Wuhan | Phnom Penh Post

“Tencent Holdings Ltd has announced a string of investment plans in Wuhan, the city where the novel coronavirus first emerged and which has just lifted months-long lockdown.

The internet giant pledged to invest in digital government, online education, smart transportation and artificial intelligence in the city, with a goal of quadrupling the number of employees in five years.

Tencent will push ahead with the Tencent (Wuhan) Digital Industry Headquarters in the city, where it aims to embark on digital governance and smart city initiatives.”

Read the full article @ The Phnom Penh Post:

China may forge ahead of the US in AI chip race, but at what cost to both? | SCMP

“With decoupling in trade and technology proceeding apace, China’s focus on this critical component of its hi-tech development reflects a desire to be self-sufficient. But technology warfare based on techno-nationalism benefits no one in the end.”

Read the full article @ South China Morning Post:

Demiurge AI discovers the clinical benefits and risks of Remdesivir, Chloroquine, and PI3K inhibitors against 2019 novel Coronavirus (COVID-19) | Demiurge Technologies

“Demiurge is responding to the outbreak of the 2019 novel coronavirus (COVID-19) through the appropriate use of our AI platform of discovering novel therapeutic solutions and predicting clinical trial outcomes. We are conducting deep analyses of published studies and clinical data on COVID-19 against our precise broad-spectrum virology models.

In addition to the previous discoveries of multiple PI3K inhibitors as novel therapeutic options for COVID-19, we hereby officially announce further discoveries of the clinical benefits and risks of Remdesivir, Chloroquine, and PI3K inhibitors against COVID-19: […]”

Read the full article @ Demiurge Technologies:

Outpacing US, China to gain AI supremacy by 2022, says report | Analytics Insight

“According to a recent report released by the Chinese Institute of Electronics, the AI industry of China is expected to reach US$ 20 billion by 2022. As comprehended by the White Paper on New Generation of Artificial Intelligence Industry, China’s new generation AI industry is growing steadily, and diversified applications are leading the technology into a rapid growth period.”

Read the full article @ Analytics Insight:

China – The First Artificial Intelligence Superpower | Forbes

“China is on its way to becoming the first global superpower for Artificial Intelligence.

The People’s Republic of China has the most ambitious AI strategy of all nations and provides the most resources worldwide for its implementation.

China combines a gigantic amount of data with talent, companies, research and capital to build the world’s leading AI ecosystem.”

Source: Fabian Westerheide, AI for Humans, Rise of AI (Asgard) (enlarge)

Read the full article @ Forbes:

What could we learn from China’s national AI team (国家队) strategy | SMU Artificial Intelligence Club

“The notion of a national team is usually associated with sports teams representing the nation on the global stage for a shot at glory. These days, with Artificial Intelligence (AI) developments all the rage, nations are creating national teams for the race towards AI superiority. Amidst all the hype that one is exposed to in the media over the possible doomsday scenario about how AI could ruin our lives, governments and businesses across the globe are rapidly positioning themselves to ride the next wave of change.

In 2017, China’s Ministry of Science and Technology (MOST) handpicked 4 of its technology giants, forming a ‘national team’ to lead the way in building open innovation platforms that are accessible through Application Programming Interfaces (APIs). This initiative was created to foster participation and hence innovation in sectors that will increasingly be powered by AI technologies in an effort to support the entrepreneurship of small and medium sized enterprises (SMEs). This national team is expected to contribute in areas such as research and development, sharing data, open source software and ecosystem participation. Moreover, MOST is very supportive in encouraging the deployment of these technologies at the provincial level. This includes providing resources and access to city infrastructure to allow for proof of concepts to scale. (DigiChina, 2019)”

Read the full article @ SMU Artificial Intelligence Club on Medium:

Commission warns AI could help China surpass U.S. military | National Defense Magazine

“A commission established by Congress to regularly review the national security implications of the U.S.-China relationship is warning that Chinese leaders’ prioritization of artificial intelligence technology could provide them with military advantages in a potential conflict with the United States.”

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The unanswered questions in America’s AI strategy | Axios

“Three years since the White House first publicly considered the U.S. government’s role as a shepherd of artificial intelligence research, pivotal unanswered questions are still holding back a coherent strategy for boosting the critical technology at home.

Why it matters: China’s authoritarian system, largely untroubled by deliberative holdups, has been pouring money into its AI sector.

The big questions around U.S. AI policy largely revolve around competition with adversaries — which for now, yes, mostly means China: […]”

Read the full article @ Axios:

Beijing AI principles | BAAI

“The development of Artificial Intelligence (AI) concerns the future of the whole society, all humankind, and the environment. The principles below are proposed as an initiative for the research, development, use, governance and long-term planning of AI, calling for its healthy development to support the construction of a human community with a shared future, and the realization of beneficial AI for humankind and nature.”

Read the full article @ BAAI:

Understanding China’s AI strategy: Clues to Chinese strategic thinking on Artificial Intelligence and national security | CNAS

“In the second half of 2018, I traveled to China on four separate trips to attend major diplomatic, military, and private-sector conferences focusing on Artificial Intelligence (AI). During these trips, I participated in a series of meetings with high-ranking Chinese officials in China’s Ministry of Foreign Affairs, leaders of China’s military AI research organizations, government think tank experts, and corporate executives at Chinese AI companies. From these discussions – as well as my ongoing work analyzing China’s AI industry, policies, reports, and programs – I have arrived at a number of key judgments about Chinese leadership’s views, strategies, and prospects for AI as it applies to China’s economy and national security. Of course, China’s leadership in this area is a large population with diversity in its views, and any effort to generalize is inherently presumptuous and essentially guaranteed to oversimplify. However, the distance is large between prevailing views in American commentary on China’s AI efforts and what I have come to believe are the facts. I hope by stating my takeaways directly, this report will advance the assessment of this issue and be of benefit to the wider U.S. policymaking community.” – Gregory C. Allen

Read the full report @ Center for a New American Security:

Download the full White Paper [PDF, 1.3 MB]

China is worried an AI arms race could lead to accidental war | The Verge

“Experts and politicians in China are worried that a rush to integrate artificial intelligence into weapons and military equipment could accidentally lead to war between nations.

According to a new report published by US national security think tank Center for a New American Security (CNAS), Chinese officials increasingly see an “arms race” dynamic in AI as a threat to global peace. As countries scramble to reap the benefits of artificial intelligence in various domains, including the military, the fear is that international norms shaping how countries communicate will become outdated, leading to confusion and potential conflict.”

Meet China’s 5 biggest AI companies | World Economic Forum

“Two-thirds of global investment in artificial intelligence is poring in to China, which helped the AI industry there grow 67% last year alone.

China Money Network, a leading source of information on China’s technology sector, recently announced its top 50 AI companies to watch. They included 14 “unicorns” – start-ups with a valuation of $1 billion or more – worth $40.5 billion in total.

China’s government, heavily backing many of these companies, is hoping AI will be worth 1 trillion yuan ($146 billion) to the country by 2030. Here are the top 5 Chinese AI powerhouses, in order of valuation as detailed in the report:”

  1. DJI
  2. Ubtech Robotics
  3. SenseTime
  4. Cambricon
  5. Cloudwalk

Guangzhou International Institute of AI launched in Nansha | Life of Guangzhou

“The Guangzhou International Institute of Artificial Intelligence (AI) was launched in the Nansha Free Trade Zone on December 9. The institute will attempt within three years to attract no less than 30 high-end talent teams with strong influence in the Chinese and foreign AI industries to help facilitate the construction of Nansha’s first-class international AI industrial park.”

Read the full article @ Life of Guangzhou: