Beijing Bites into AI | FactorDaily
No hotel in Beijing is run by a sentient robot named after Edgar Allan Poe. But almost every high-end hotel�...
- At the Intersport X Tmall store, you can use a trial room to see if the clothes fit you.
- At the Intersport X Tmall store in Qianmen, store manager Jerry shows off the AI-powered trial station.
- Since China made public its plans to focus heavily on innovation in AI last year, nearly every company in the country – from learning apps to short video companies – has started talking about how it uses AI.
- The country is already home to companies like Bytedance, the most valued startup in the world right now.
- China’s top companies like Alibaba, Tencent, and Baidu have committed serious resources to develop AI with the goal to further their addressable markets.
- It has a large number of consumers who are happy – at least, not frothing in their mouth not to – share their data, entrepreneurs who are eager to use AI, a thriving electronics manufacturing industry, a policy environment that favours domestic companies, and, not to say the least, abundant venture capital.