Shanghai to become a national artificial intelligence technology hub

Almaty. November 16. Silkroadnews - Shanghai intends to become a national artificial intelligence technology hub, China Daily reported.
“Shanghai is looking to become China’s hot-spot for artificial intelligence and wants to expand the industry scale in the city to more than 100 billion yuan ($15.06 million) by 2020,” the report said.
A statement was published on the website of the municipal government, along with 21 measures outlined on development of the industry, including the formation of an industrial cluster of the world level, development of 10 innovative enterprises using AI, launch of more than 100 applications demonstration projects.
Chen Mingbo, director of the Shanghai Commission of Economy and Information Technology, said although Baidu, Alibaba and Tencent, the three Chinese Internet giants, are not based in Shanghai, the city can become the birthplace of companies using AI, as the conditions allow it. With this Chen noted, Shanghai should deepen the integration of AI and related industries, including high-tech equipment, integrated circuits, biomedical and automotive systems.
In addition, AI will be used throughout the city in a variety of industries, such as intelligent driving, intelligent robots, intelligent software and hardware.
The most talented local and foreign experts will be involved to develop the AI field in Shanghai.
“Shanghai is currently building an AI development alliance, and nearly 300 major enterprises, investment and financing institutions, as well as research institutions have been tapped. We will work on attracting global AI enterprises to locate their regional headquarters and innovation centers in Shanghai,” Chen said.