Alibaba, SenseTime to construct AI lab in Hong Kong
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.
“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.
Searching for the Top 100 Leaders in Technology
The search is on for the Top 100 Leaders in Technology 2021 – nominated by readers of Technology magazine and open to all.
The initiative has been launched and nominations are now open, with the final, prestigious Top 100 due to be announced during Technology and AI LIVE running 14-16 September, beamed from London to the world.
This latest, definitive list of the leading executives and influencers in the industry will be announced at the event and shared across social media channels, this website, and presented in a special supplement that honours all of those named in our annual list.
The Top 100 Leaders follows on from the well-received Top 100 Women in Technology that BizClik Media Group (BMG) – publishers of Technology magazine, AI magazine and a growing portfolio of industry-leading titles – produced in March this year to coincide with International Women’s Day.
“The Top 100 Women recognised the incredible and influential women driving our industry,” says Scott Birch, editorial director, BMG. “The success of that initiative encouraged us to recognise the Top 100 Leaders – individuals championing everything that we love about technology and embracing best practice that’s good for business.”
Nominations are already coming in, with some notable highlights including:
Rhonda Vetere - Herbalife
Bryan Smith - Expedient
Nominate your Top 100 Leader HERE
The deadline for nominations closes on Sunday 1 August 2021, and it is free to nominate. The Top 100 Leaders will be announced across our platforms and at the LIVE event.