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September 21, 2018

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West Bund to be powered by AI technology

The West Bund of Shanghai’s Xuhui District, where the World Artificial Intelligence Conference was held recently, will be powered by an AI-featured urban management system, SenseTime, said the developer yesterday.

A 10.4-square-kilometer area along the Huangpu River will tap the system to help find lost children easily while illegal parking can be automatically reported and traffic flow of people and vehicles can be better managed through various “sensing” AI technologies, according to SenseTime, a strategy partner of WAIC.

“It’s a milestone for SenseTime to develop in Shanghai and contribute to the city’s AI highland strategy by 2020,” said Zhang Wen, president of SenseTime.

The new system to be used in Shanghai will boast AI technologies in facial recognition, motion capture and data-driven prediction, the company said. 

It’s an effective tool to ensure public safety, improve urban management efficiency on resources and space planning, as well as bring more accessible and “warm” services to citizens, said Zhang.

With AI algorithm and improved computing capacity, the smart urban management system can be localized for use in different regions, said Zhang.

With huge population, it’s an urgent task for every Chinese metropolis to integrate IT systems and data with AI, to improve public safety, avoid waste of resources and offer more one-stop services to citizens, said consulting firm iResearch.

SenseTime’s system is fueled by algorithms and a new AI super computer center in Shanghai. SenseTime announced during WAIC that it will invest 800 million yuan (US$117.6 million) in the AI super computer center in Shanghai.

Expected to start operations in 2020 after construction is completed, the center is said to be the biggest in Asia.

In Shanghai, SenseTime has signed cooperation deals with Shentong Subway, Shanghai Lingang and Shanghai Inesa to develop AI in the Metro network and harbor management, as well as in devices used to track food quality.

SenseTime said it had raised US$620 million investment in May, making it the world’s most valuable AI firm. Its technologies are used in smart cities, smartphones, Internet, smart driving, finance and retail industries.

The three-day WAIC ended on Wednesday after holding one main forum, 33 themed forums, five brainstorming discussions and 22 kick-off events. The world’s top AI platform for cooperation and exchange brought 335 speakers ranging from top science experts to business executives.


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