Values lure firms to tap AI potential
Print Edition
SHANGHAI is home to one-third of the artificial intelligence professionals nationwide, drawing firms and organizations to the city to tap the talent pool and potential AI development, a top city government official said yesterday.
Shanghai also has an advanced capital market and a huge volume of tradable data, which account for half of the national level, Wu Qing, the city’s vice mayor, said during a meeting with visitors from Massachusetts Institute of Technology and SenseTime, one of the leading AI firms in China.
Wu, however, didn’t mention the figure of AI professionals in the city.
SenseTime, which plans to invest 6 billion yuan (US$938 million) in Shanghai, inked cooperation deals with state-owned Shanghai Lingang Group and Shanghai INESA to develop AI. SenseTime will set up a base for global research, intelligent car, smart chip and smart education in Shanghai, said Tang Xiao’ou, founder of SenseTime.
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