The BAAI Conference 2022 kicked off on May 31 in Beijing and ran through June 2. AI experts, industry leaders, young talents and international delegates joined the virtual gathering and live stream for three busy days of high-level keynotes, tech talks, parallel forums and networking.
On July 20, Quanergy Systems announced its 3D LiDAR solution has been selected to support the development of an Information, Communication, and Technology (ICT) system in Busan, South Korea. The ICT system is a key component of the South Korean government’s strategy to build data driven IoT smart cities. Busan is one of the pilot cities for the initiative.
On July 21, the chip giant Intel announced its second-quarter financial report. The report shows that Intel’s revenue in the second quarter was USD 19.631 billion, and its net profit was USD 5.061 billion, a decrease of 0.9 percent compared to the same period last year.
On July 7, the University of Texas at Austin announced that it has teamed up with major wireless companies to set up a new 6G research center, the 6G@UT. Founding affiliates Samsung, AT&T, NVIDIA, Qualcomm and InterDigital will each fund at least two projects for three years at the center.
At the World Artificial Intelligence Conference (WAIC) held in Shanghai on July 9, Daosheng Tang, the senior vice exectuvie of Tencent and president of the Tencent cloud and smart industry group, said that the company’s Yangtze River AI Supercomputing Center with RMB 45 billion (approx. USD 7 billion) investment will soon commence operation.
On June 28, Shenzhen promulgated the draft of Regulations on the Promotion of Artificial Intelligence Industry of Shenzhen Special Economic Zone, which seeks to establish an overarching framework for AI, such as the approval framework for market entrance of AI products and services.
According to media reports on June 28, South Korea is investing KRW 1.1 trillion (USD 1 billion) on L4-level self-driving, involving the government’s science, transport and police units. The government task force also announced 53 projects for commercializing L4 and high levels of autonomous driving by 2027.
On June 22, LG Electronics announced the launch of a new “digital x-ray detector” (DXD). The new product is equipped with assisted AI diagnostic functions, which are designed by healthcare AI solutions company VUNO. The product will detect chest X-ray images for abnormal findings and enhance lesion areas with coloring and outline, to help medical professionals accurately identify lung diseases including tuberculosis, pneumonia, and cancer.
On June 16, General Motors Co. announced it will increase its electric vehicles (EV) and autonomous vehicles (AV) investments from 2020 through 2025 to USD 35 billion, representing a 75 percent increase from its initial commitment announced prior to the pandemic