[WKF 2018] Future is Here, AI Powering Industries | Michael Wen Zhang(SenseTime, President)
Session: Future is Here, AI Powering Industries Speaker: Michael Wen Zhang (SenseTime, President) SenseTime is the world’s most valuable artificial intelligence (AI) unicorn focused on computer vision and deep learning technologies. Its leading AI technologies have powered many industries such as smart city, smartphone, mobile Internet, automobile, finance, retail, and robotics, etc. Its core technologies include face recognition, image recognition, character recognition, medical image recognition, video analysis and autonomous driving. The company is currently providing its facial recognition technology to over 700 companies including MIT, CUHK, Qualcomm, NVIDIA, Honda, Alibaba, Suning, China Mobile, UnionPay, Wanda, HNA, Huawei, Xiaomi, OPPO, vivo, Weibo and iFLYTEK. In May 2018, SenseTime raised $620 million in its series C+ round of funding. The company now enjoys a total financing of more than US$1.6 billion and a valuation of over US$4.5 billion, maintaining its position as the world’s largest and most valuable AI unicorn. Deep learning is the core engine driving the innovation of AI, and SenseTime is the first Asian company to gain a foothold in deep learning. SenseTime’s proprietary deep learning platform called Parrots is optimized to support wide-scale networks, extra-large data study, and complex applications. To speed up the time it takes to develop deep learning algorithmic models, SenseTime has built a deep learning supercomputing center that significantly reduces R&D costs for a wide range of AI technologies.