Artificial Intelligence

New funds will be used to develop visual controlling and sensing systems for unmanned vehicles and for business development.

BOC International, the investment bank unit of state-owned Bank of China is one of the investors.

New startups will need to work harder to secure additional funding, investors say.

The Beijing-based firm might steal Baidu’s position in China’s BAT triumvirate.

Analysts predicts China’s audio content market will reach RMB 100 million (USD 14 million) by 2026.

SenseTime’s new AI surveillance system is part of the Chinese government’s push to promote smart city projects.

The new feature turns kids’ food drawings into GrabFood orders.

Over the beach season last year, 46 drownings were recorded between April and October.