Alibaba, SenseTime to construct AI lab in Hong Kong

By Jonathan Dyble
Hong Kong-based SenseTime, the world’s most valuable AI startup, and Alibaba’s Hong Kong Entrepreneurs fund have provided a significant boost to the...

Hong Kong-based SenseTime, the world’s most valuable AI startup, and Alibaba’s Hong Kong Entrepreneurs fund have provided a significant boost to the city’s tech ambitions by jointly committing to the creation of a new AI lab.

Set to be named the HK AI Lab, the aim is for the hub to lay the foundations for the development of a thriving AI community, attracting and promoting innovators and startups within the region.

See also:

“Alibaba sees AI as a fundamental technology that will make a difference to society,” Alibaba executive Vice Chairman Joe Tsai said, according to TechCrunch. “We envision the Hong Kong AI Lab to be an open platform where researchers, startups and industry participants can collaborate and build a culture of innovation.”

The lab, fitted with supercomputers and state of the art technology such as Alibaba Cloud’s machine learning platform and SenseTime’s deep learning platform, will offer an open source philosophy - beneficial to all parties involved.

Alibaba became the lead investor in SenseTime last month after the firm secured $600mn in Series C investment, valuing the company at $4.5bn, despite having been founded just four years earlier.

In addition to its collaborations with Alibaba, SenseTime has been working closely with Qualcomm, Honda and the Massachusetts Institute of Technology (MIT) in developing its AI solutions, largely offering AI-powered facial recognition technologies.

Share

Featured Articles

UiPath and Amelia partnership to drive the future of work

Market leaders join forces to create an automated, integrated, and Conversational AI-driven IT Service Desk solution that reimagines employee experiences

Transition to multicloud a risk worth taking, report shows

With customer expectations rising, banks must leverage the capabilities of the cloud to improve service delivery and protect sensitive information

Oxbotica and Google Cloud to accelerate autonomous solutions

Google Cloud will allow Oxbotica to bring its vision for autonomous driving to life, by helping it deploy and scale its operating system in the cloud

AI welcome but human-centered IT support key to productivity

AI & Machine Learning

Machine Customers one of the biggest growth opportunities

Digital Transformation

Melanie Nakagawa, Chief Sustainability Officer at Microsoft

Enterprise IT