Tsinghua AI Association of International Students (TAIS) news roundup 27 November
China now leads the world in AI patent applications, surpassing the U.S for the first time, a development seen bolstering the country’s position as the second-largest market. [South China Morning Post]
Privacy in China: the growth of facial recognition technology in the private sector raises concerns about security and identity. [South China Morning Post]
How AI and big data helped China’s tech giants dominate consumer finance. China’s tech giants have the secret recipe that can improve the buying journey and they are applying this to consumer credit. [South China Morning Post]
SAIC Motor, China’s largest state-owned carmaker and the Chinese partner of General Motors, has established a private equity fund to finance its forays into developing smart cars with the country’s biggest technology company Alibaba Group Holding. [South China Morning Post]
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Compiled by Nico Gous (nicogous@gmail.com / nico.gous@yahoo.com)
