Tsinghua AI Association of International Students (TAIS) news roundup 2 November
How artificial intelligence and vast data supports Ant Group’s financial empire. Ant’s AI system automatically sets credit limits and interest rates, and credit decisions are made using an “all usage history“ of services from Alibaba, which owns about a third of Ant. [Source: Nikkei Asia]
Chinese autonomous vehicle startup AutoX, backed by Alibaba, said it is preparing for tests in four more cities and will soon test its technology with FCA’S Pacifica minivan. Shenzhen-based AutoX has modified a number of vehicles from various manufacturers and tested them in Shenzhen, Shanghai, Guangzhou, Wuhan and Wuhu. [Source: Reuters]
After helping more than a million brick-and-mortar Chinese retailers modernize their operations, Alibaba has now set its sights on a new target: the country’s outdated factories. China’s largest corporation in September unveiled its first smart factory, a secret experiment which it has been working on for three years. [Source: Bloomberg]
Google’s new AI automatically turns webpages into videos. If you have a product webpage, you’d wish that you could create a handy video to show to clients with all the info. [Source: The Next Web]
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Compiled by Nico Gous (nicogous@gmail.com / nico.gous@yahoo.com)
