Industry news

China is actively implementing the vision of artificial intelligence

04-05-2018

According to CBInsights, China is actively implementing the well-designed vision for AI. The Chinese government is pushing for a future artificial intelligence plan and is clearly beating the United States. China accounts for 9% of transactions and 48% of dollar capital poured into global AI startups in 2017.

China has overtaken the US for the first time in AI startups in 2017. In the CBInsights report, "The leading AI trends to look at in 2018, China accounts for only 11.3% Global pouring in 2016.

The United States is now dominating the global AI business start-up and aggregate capital transactions, but the US is gradually losing market share globally.

The report said that Chinese companies seem to be surpassing US counterparts in the number of AI patent applications. "Based on the keywords searched for article titles and abstracts, AI-related patent publications in China are rising far beyond the number of patents currently being issued by the licensing authority. Patent and Trademark America. "

AI is also being used to produce garments. The Tianyuan Garments Company recently signed a memorandum of understanding (MOU) with the Arkansas government to hire 400 workers at $ 14 an hour at the new Arkansas garment factory. The plant will be operational by the end of 2017.

Tianuyan's plant in Little Rock, Arkansas, will use the robot maker of SoftWear Automation (Georgia) to produce apparel for Adidas. It seems that heavy lifting work will be carried out by robots with workers who will perform high-level jobs such as maintenance and commissioning of robots.

Source vinatex.com