AI to reserve business potential in Chinese market

Photo taken on August 12, 2016 shows the China Computer Federation Global Artificial Intelligence & Robotics Summit (CCF-GAIR) held in Shenzhen. (Liu Zheng/chinadaily.com.cn) Artificial intelligence, or AI – recognized as an international “geeky” buzzword – once again drew the Chinese media’s attention on Friday at the ongoing Global Artificial Intelligence & Robotics Summit held in Shenzhen. Zhang Hongjiang, chief executive of Kingsoft, told China Daily the market’ s potential and bonus in the country would continue in coming years, while more capital would be expected to flow into the AI sector, despite over-heated investments. “Minorities’ business failure or homogeneity competition hit on the market somehow reveal the technology’s strong forward momentum,” Zhang said. “The innovation and leaping development reserve in China’s mobile internet sector have generated attentions from both western…


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