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SOURCE / ECONOMY Drive will put internet firms on path to new era of innovation By GT staff reporters Published: Apr 14, 2021 10:13 PM Customers purchase goods at a convenience store, dubbed as "Tmall Xiaodian," in Hangzhou, capital of East China's Zhejiang Province. A revamp by a retail unit of Alibaba with big data technologies has made the nine-year-old store more efficient and convenient, as a part of Alibaba's New Retail program. Photo: IC China's antimonopoly push for online platforms reached the strictest phase and is making powerful waves through the industry, with 12 major platfo...

Total1 Chinese AI companies are in need of new capital infusions. Because they raised capital at sky high valuations during the past from private investors, raising money via an IPO is a more practical option now. But they are finding securing an IPO isn’t going as smoothy as they hope. On the evening of February 19, the Shanghai Stock Exchange announced that it would terminate the review of Chinese AI firm Unisound’s listing applications on the Science and Technology Innovation Board. It is the first AI company whose listing has been denied by regulators this year. There is no official e...

CCP has digitised its dictatorship ​ Tue, Feb 9 2021 15:18 IST | ​ 0 Views CCP has digitised its dictatorship. Image Source: IANS News Having unveiled its ambition of emerging as the top Artificial Intelligence (AI) superpower by 2030, the Chinese Communist Party (CCP) has taken rapid strides in digitising every conceivable sphere of its activity, so much so even its dictatorial form of governance. With CCP ideology pervading the state-run and data driven Chinese economy, it is but natural that giant Chinese tech companies and foreign companies with significant presence in China, have b...

tanmayFebruary 7, 2021 The Market Research on the ‘ 3D Facial Recognition Market 2021-2026‘, now available with Market Insights Reports, Introduces systematic details in terms of market valuation, market size, revenue estimation, and geographical spectrum of the business vertical. The 3D Facial Recognition market report offers an overview of top company profiles with business value and demand status of the industry. The report also helps the user to understand the market in terms of its definition, segmentation, market potential, influential trends, and therefore the challenges that the m...

How Facial Recognition Technology Is Different In Africa Charlette N'Guessan's chosen field, facial recognition, is largely unexplored in Africa - Charlette N'Guessan Instagram page       There's a reason many Africans are wary of the identification technology: It doesn't work as well for people with dark skin. That's where Charlette N'Guessan, a young Ivorian researcher, comes in. ACCRA — She's not ashamed to say it: The coronavirus pandemic has been "a very good thing" for Charlette N'Guessan. The same goes for Africa's forward-looking tech entrepreneurs i...