Chinese artificial intelligence company SenseTime is ramping up efforts to expand overseas presence with its latest deal to help build Malaysia’s first AI park.
Under the agreement, SenseTime will partner with Malaysian technology company G3 Global Berhad and China Harbour Engineering Company Ltd to build the AI park.
The three sides said in a statement that they will work closely on AI infrastructure, research and development, data management, talent cultivation and business operations, which is expected to inject impetus to Malaysia’s efforts in creating an AI ecosystem.
In the meantime, leveraging the AI park project, SenseTime will also join hands with G3 Global to open up market opportunities in Malaysia, exploring how to apply AI technologies in smart cities, public management, smartphones, and automobiles. The two sides will work together to see how to introduce AI into the Malaysian education curriculum.
Tang Xiao’ou, founder of SenseTime, said: “With advanced AI technology and extensive business experience, SenseTime is honored to be part of Malaysia’s new journey. We look forward to working together with Malaysian government, academia and business sectors, bringing our technological expertise and experience to Malaysia and building a better world with AI technology.”
The partnership among the three sides is part of broader technological cooperation and communication between China and Malaysia. Malaysian Prime Minister Mahathir Mohamad visited SenseTime in Beijing on Friday.
G3 Global said in a statement that the AI park will serve as the main hub for industry players and talents to be trained in AI and machine learning with cutting-edge facilities and physical infrastructure for education, training, research, development and deployment in Malaysia.
Focused on computer vision and deep learning, SenseTime is widely recognized as one of the most promising AI startups in China. In June 2018, the Beijing-based company announced that it had raised $620 million in its Series C plus round of fundraising, which will accelerate its expansion overseas. The funding, led by investment firms such as Fidelity International, Hopu Capital, Silver Lake and Tiger Global, valued the five-year-old company at more than $4.5 billion.
He Qian, an AI expert at the Chinese Academy of Information and Communications Technology, said that computer vision technology is transferring from laboratories to commercial applications at a faster rate than expected, and the partnership in Malaysia shows that SenseTime’s proprietary technology is recognized in the international arena.
“Facial recognition is now already widely used to help smartphones shoot better pictures, to simplify security checks at railway stations and airports and to help police to track suspects and spot suspicious behavior in China. Such application scenarios are also of great potential in other countries,” He said.
This article was originally published on global.chinadaily.com.cn and can be viewed in full here
Archive
- October 2024(44)
- September 2024(94)
- August 2024(100)
- July 2024(99)
- June 2024(126)
- May 2024(155)
- April 2024(123)
- March 2024(112)
- February 2024(109)
- January 2024(95)
- December 2023(56)
- November 2023(86)
- October 2023(97)
- September 2023(89)
- August 2023(101)
- July 2023(104)
- June 2023(113)
- May 2023(103)
- April 2023(93)
- March 2023(129)
- February 2023(77)
- January 2023(91)
- December 2022(90)
- November 2022(125)
- October 2022(117)
- September 2022(137)
- August 2022(119)
- July 2022(99)
- June 2022(128)
- May 2022(112)
- April 2022(108)
- March 2022(121)
- February 2022(93)
- January 2022(110)
- December 2021(92)
- November 2021(107)
- October 2021(101)
- September 2021(81)
- August 2021(74)
- July 2021(78)
- June 2021(92)
- May 2021(67)
- April 2021(79)
- March 2021(79)
- February 2021(58)
- January 2021(55)
- December 2020(56)
- November 2020(59)
- October 2020(78)
- September 2020(72)
- August 2020(64)
- July 2020(71)
- June 2020(74)
- May 2020(50)
- April 2020(71)
- March 2020(71)
- February 2020(58)
- January 2020(62)
- December 2019(57)
- November 2019(64)
- October 2019(25)
- September 2019(24)
- August 2019(14)
- July 2019(23)
- June 2019(54)
- May 2019(82)
- April 2019(76)
- March 2019(71)
- February 2019(67)
- January 2019(75)
- December 2018(44)
- November 2018(47)
- October 2018(74)
- September 2018(54)
- August 2018(61)
- July 2018(72)
- June 2018(62)
- May 2018(62)
- April 2018(73)
- March 2018(76)
- February 2018(8)
- January 2018(7)
- December 2017(6)
- November 2017(8)
- October 2017(3)
- September 2017(4)
- August 2017(4)
- July 2017(2)
- June 2017(5)
- May 2017(6)
- April 2017(11)
- March 2017(8)
- February 2017(16)
- January 2017(10)
- December 2016(12)
- November 2016(20)
- October 2016(7)
- September 2016(102)
- August 2016(168)
- July 2016(141)
- June 2016(149)
- May 2016(117)
- April 2016(59)
- March 2016(85)
- February 2016(153)
- December 2015(150)