Tag Archives: TDS

Dialogue, cooperation the only right choice for China, U.S.

BEIJING, Nov. 26, 2023 /PRNewswire/ — A report from People’s Daily: “No way you make progress over the long term without China and the U.S. deeply talking to each other on something like AI,” said the head of an American multinational technology conglomerate. “It has got to be an integral part of the process.”

The recent meeting between the Chinese and U.S. heads of state in San Francisco has yielded multiple outcomes, including the establishment of government talks on AI, which, once announced, has greatly encouraged the international science and technology community.

It signified that the leaders of both countries agreed to promote and strengthen dialogue and cooperation in various fields, which aligns with the common expectations of the two peoples and the international community. It will also help establish a stronger bond of interest between the two sides and increase international confidence in stabilizing and improving the China-U.S. relations.

Chinese President Xi Jinping pointed out during the San Francisco meeting that China and the United States have broad common interests in a wide range of areas, including traditional areas such as the economy, trade and agriculture, as well as emerging areas such as climate change and AI. Under current circumstances, the common interests between China and the United States have increased, not decreased.

This has laid a foundation for the two countries to carry out mutually beneficial cooperation. The important consensus and outcomes achieved during the San Francisco meeting once again proved the mutually beneficial nature of China-U.S. relations, and demonstrated that dialogue and cooperation is the only right choice for the two countries.

Advancing mutually beneficial cooperation requires necessary channels and mechanisms.

Xi noted that it is important to fully utilize the restored and new mechanisms in foreign policy, economy, finance, commerce, agriculture and other fields, and carry out cooperation in such areas as counternarcotics, judicial and law enforcement affairs, AI, and science and technology. This fully demonstrated China’s sincere desire and responsible stance in promoting mutually beneficial cooperation and improving China-U.S. relations.

Important consensus has been achieved on advancing dialogue and cooperation during the San Francisco meeting. The two sides decided to step up high-level interactions, advance or launch regular consultations in such areas as commerce, economy, finance, export control, the Asia-Pacific, maritime, arms control and nonproliferation, foreign policy planning, China-U.S. joint working group, and disability issues.

The two sides also agreed to start consultations on extending the China-U.S. Science and Technology Cooperation Agreement, and on resuming the China-U.S. Joint Committee on Cooperation in Agriculture. They should make good use of these channels and mechanisms to effectively promote mutually beneficial cooperation.

History and reality have repeatedly shown that as long as China and the United States advance mutually beneficial cooperation, they can create opportunities to better address their respective challenges and pursue development. China and the United States have developed $760 billion in bilateral trade and $260 billion in their two-way investment, bringing growth momentum and well-being to both sides.

The exhibition area of American companies has been the largest for six consecutive years at the China International Import Expo, and over 200 U.S. enterprises joined the event this year. This clearly demonstrates that the American business community sees opportunities in China, and hopes to continue mutually beneficial cooperation with China.

China is pursuing high-quality development, and the United States is revitalizing its economy. There is plenty of room for their cooperation, and they are fully able to help each other succeed and achieve win-win outcomes.

Win-win cooperation is the trend of the times, and it is also an inherent property of China-U.S. relations. Both China and the United States should seize the opportunities, meet each other halfway, and jointly promote mutually beneficial cooperation, so as to consolidate the positive momentum of bilateral relations.

Chengdu showcases technological strength at high-tech expo

CHENGDU, China, Nov. 24, 2023 /PRNewswire/ — Chengdu, capital of Southwest China’s Sichuan province, demonstrated its strength in sci-tech innovation at the 11th China (Mianyang) Science and Technology City International High-Tech Expo, which kicked off on Wednesday in Mianyang, Sichuan province.

Chengdu showcases technological strength at the 11th China (Mianyang) Science and Technology City International High-Tech Expo.
Chengdu showcases technological strength at the 11th China (Mianyang) Science and Technology City International High-Tech Expo.

Co-sponsored by the Ministry of Science and Technology and the Sichuan provincial government, the expo covers a total exhibition area of 40,000 square meters, with over 300 participating companies and more than 3,000 exhibits.

Scientific research institutions and innovative enterprises based in Chengdu brought over 30 leading technological achievements to this year’s expo, according to Chengdu science and technology bureau.

Zou Sifei, a staff member of the Tianfu Xinglong Lake Laboratory, one of the key laboratories under Sichuan’s Tianfu Laboratories plan, said his laboratory has conducted in-depth research into revolutionary optoelectronic materials, optoelectronic devices and optoelectronic systems, and has been promoting the transformation of its research achievements.

The laboratory displayed its latest achievements in scientific research transformation at the expo in fields including information metamaterials and wireless communication, material photonics, and advanced optical devices, he said.

He Weizhi, an executive at Tsinghua Sichuan Energy Internet Research Institute, said the institute holds more than 560 invention patents and is facilitating the transformation of technological achievements to empower regional economic development.

The institute demonstrated a number of products which have been transformed from its technological achievements, including a “Floating-Crawling” dual-mode underwater inspection robot and a miniature intelligent electric current sensor.

“In addition to showcasing our technological prowess at the expo, we also hope to attract more versatile talents to join our institute for further studies,” he said.

Xu Huawei, an executive at Sichuan Tengden Sci-tech Innovation Co Ltd, said the expo showcases cutting-edge achievements from home and abroad, creating a plethora of growth prospects and collaborative opportunities to the company.

As a leading player in Chengdu in the field of industrial UAV, Tengden displayed the models of its self-developed UAVs, which can be widely used in fields including artificial rainmaking, emergency communication and forest fire inspection, Xu said.

Shi Da, sales engineer of Chengdu Jiujin Technologies Co Ltd, whose products are used in fields such as antenna testing, wireless communication and aerospace, said the expo gathers professionals from various industries, creating a perfect chance to promote the company’s image and products and to facilitate communication with partners.

Global Times: BRI offers common development: officials from partner countries

WENZHOU, China, Nov. 23, 2023 /PRNewswire/ — The China proposed Belt and Road Initiative (BRI) has brought the vision of “heart connectivity” to reality, and it is a path to common development, multiple ambassadors and officials from BRI partner countries said on Wednesday during a roundtable held in Fuzhou, East China’s Fujian Province.

BRI offers common development: officials from partner countries
BRI offers common development: officials from partner countries

“The BRI has brought changes in the mind of the world,” said Bishnu Pukar Shrestha, Ambassador of Nepal to China, noting that the initiative focuses on connectivity, not only in transportation, but also in minds and hearts.

“This vision and concept have now become possible to access,” Shrestha continued. Nepal has benefited a lot from the BRI, and there are different projects that have been completed in Nepal, including railways and roads, which have energized bilateral cooperation and allowed the country to continue to develop, he said.

Shrestha made the remarks during a roundtable on the Belt and Road Global Chambers of Commerce and Association Conference, which is the world’s first international cooperation and exchange platform with chambers of commerce, industry associations and other social organizations as the main participants. The conference, which is held annually, aims to harness the resources of chambers of commerce as the BRI cooperation advances, and to explore new international cooperation opportunities.

“The BRI gives an opportunity to the world that is connected now, and the potential for the initiative is unlimited,” Awale Ali Kullane, Somali Ambassador to China, said during the roundtable, noting that the COVID-19 pandemic has delayed the process, but it has also shown the importance of such a global initiative.

Kadirkamu Kandasamy Yoganaadan, chargé d’affaires of Sri Lanka’s Embassy in China, enumerated a number of infrastructure construction projects under the BRI including ports, airports and expressways. Taking the Colombo Port project as an example, Yoganaadan said that it is being built with the modern sustainable design and smart city concept, providing investment opportunities in the IT industry, financial services and shipping logistics.

Ahmed Chouaib, chargé d’affaires of the Mission of the League of Arab States in Beijing, said that Arab countries participating in the BRI are demonstrating a high degree of engagement with China. This initiative represents the power of international cooperation, a power of interconnectivity that crosses national and ethnic boundaries. 

Chouaib noted that strengthening people-to-people communication between China and Arab countries has also become an integral part of the BRI, and cultural, tourism and artistic cooperation have all emerged.

The BRI is a symbol of unity between China and Arab countries. As well as building roads and bridges, it can also create more interconnected, prosperous and harmonious cooperation, said Chouaib.

SINGAPORE’S NOZAMA TEAM EMERGES CHAMPION IN HUAWEI DEVELOPER COMPETITION 2023 UNDER ASIA PACIFIC REGION CATEGORY

 DONGGUAN, China, Nov. 22, 2023 /PRNewswire/ — The 2023 edition of the Huawei Developer Competition, which attracted more than 19,000 developers and 3,000 teams from more than 30 countries and regions, came to its finale on November 19, 2023.

Themed “Spark Infinity”, the event’s Finals and Awards Ceremony were wrapped up successfully at Huawei’s Songshan Lake in Dongguan, Guangdong province, China.

For Asia Pacific, the five-month long competition, which focus on cloud foundation segment, attracted 136 teams from 12 countries and regions with a 116 entries submitted.

After rigorous selection, three teams from Singapore successfully made it to the Top 9 in the Huawei Developer Competition Asia-Pacific Region segment, while the rest were from Malaysia (two teams) and one apiece from Hong Kong, mainland China, Indonesia, Thailand and the Philippines.

The nine teams pitched their solutions at the final round held in Songshan Lake.

Kang Ning, President of Huawei Cloud Ecosystem
Kang Ning, President of Huawei Cloud Ecosystem

Kang Ning, President of Huawei Cloud Ecosystem, said in his speech: “The global digital economy is thriving, with foundational models emerging that are reshaping the industry. Developers, who are at the heart of this ecosystem, are also experiencing unprecedented opportunities. Huawei stands ready to collaborate with developers to explore the realms of multi-architecture computing, AI, and cloud native technologies, paving the way for a digital future.”

Singapore’s Nozama, comprising Cedric Khua, Daren Tan, Daniel Choo and Glenda Teo emerged the grand winner and took home US$10,000 with their entry “Magik” that targeted children’s development through play.

Grand prize winner - team Nozama from Singapore
Grand prize winner – team Nozama from Singapore

“Kids need play. But when busy parents choose to rely on electronic devices to provide entertainment for their children, it leads to adverse effects such as a decreased attention span, addiction, overstimulation, and a lack of motor skills and problem solving skills,” the team said in their presentation.

According to Nozama, their Magik bridges the gap between physical toys and digital ones by offering a hybrid play experience, combining the benefits of both mediums of play to provide engaging and fun filled games for children.

The first runner-up and prize money of US$5,000 went to Thailand’s Netizen team which focused on the surge in food delivery services that has led to a complex accounting process for businesses to reconcile revenue received.

Their “Reconcile Process Automation” solution allows accounting departments to check the reconciled balance, and executives can see the daily sales summary of each branch the next day.

1st runner-up winners - Netizen from Thailand and DecentraRating from Singapore
1st runner-up winners – Netizen from Thailand and DecentraRating from Singapore

Singapore’s DecentraRating team also win the first runner-up prizes with their solution on addressing fake reviews and malicious content on E-commerce platforms.

In his speech, Andy Jin Hui, Huawei Cloud APAC Vice President and Head of Marketing and Industry Development, said the Huawei Developer Competition is a global initiative opened for global developers aimed at promoting technological achievements, identifying outstanding projects and applications, and building an open, thriving developer ecosystem with the cloud as its foundation.

“Many excellent projects unfortunately did not make it past the shortlisting rounds, but they still deserve our applause, and we welcome them to participate again next year,” said Mr Andy.

Mr Andy also proclaimed that in addition to the main programs, Huawei also organized two technical empowerment training sessions, answering over 100 questions raised by participants during the competition.

About 400 individuals participated in the competition, making it a tremendous achievement for garnering such a response from developers.

Throughout the competition, a plethora of interesting and community-based projects that could benefit from integration with various applications from Huawei were exhibited.

Among other projects that made it to the final round were Thailand’s entry on “Watchable Content in Native Language” that looks at the Soca’s AI platform that power’s seamless communication and creation across any language.

The CyberWhiz team from University Putra Malaysia on the other hand flaunted a transparent and friendly complaint lodge system for the public, highlighting the need for a system to report and complain about potholes and bad roads in the country.

City University of Hong Kong’s Laboratory for SMART Animal Management came out with an innovative AI-driven solution that revolutionizes livestock management.

Not only did the winning teams and individuals in the competition received accolades and prize money, Huawei also offered support through four major programs: Huawei Developer Program, Spark Program, HCDG, and HCSD.

At the award ceremony, Huawei also presented the Huawei Cloud Campus Ambassador Certificate to the Top 9 student team leaders in the competition.

Among the selected students were Cao Yuxuan (Nanyang Technological University of Singapore), Jet Maquiling, from STI College of Philippines , Cedric Khu Yan Han from National University of Singapore, Nidhi Mahejabeen Hossain from City University of Hong Kong and Muhammad Anas Mohd Marzuki from Universiti Putra Malaysia.

Huawei is committed to advancing the integration of software, hardware, edge, device, and cloud, as well as partnering with development ecosystems, increasing investment in R&D innovation, and collaborating with developers across different industries to drive global technological progress.

For more than 30 years, Huawei has been committed to technological innovation, making new breakthroughs and using technology to propel the world forward.

The Huawei Developers Competition provides huge opportunities for hundreds of ambitious developers to reach new heights and embrace the challenging world.

About HUAWEI CLOUD

HUAWEI CLOUD has been committed to building an open and win-win ecosystem with the cynosure placed on developers. Currently, HUAWEI CLOUD has more than five million global developers, more than 42,000 partners, and exceeding 10,000 cloud store SaaS applications. HUAWEI CLOUD has cooperated with more than 110 universities across the country to cultivate tens of thousands of professionals and have deeply integrated production, learning, research, and application, resulting in a far reaching and stable core technology ecosystem. In the era of rapid development of big models, HUAWEI CLOUD provides the Pangu big model R&D engineering suite for developers to build an open model community and big model cloud school, helping developers quickly develop big models. In the past, it took five months to complete an end-to-end development of a 100 billion parameters-large model. Now, with current cutting-edge AI cloud services and the large model development suite, the development preparation can be significantly diminished to just one month. HUAWEI CLOUD hopes that developers can build a prosperous ecosystem based on Huawei’s root technologies and leverage the computing power of the cloud and the powerful capabilities of the Pangu model.

UL Solutions Announces First Demonstration of UL Procyon® AI Inference Benchmark for Windows at Snapdragon Summit


The UL Procyon® AI Inference Benchmark for Windows helps the technology industry address consumer expectations for faster machine learning performance.

NORTHBROOK, Ill., Nov. 18, 2023 /PRNewswire/ — UL Solutions, a global leader in applied safety science, today announced that its UL Procyon® Artificial Intelligence (AI) Inference Benchmark for Windows demonstrated the AI inference performance of the Snapdragon® X Elite Platform during the 2023 Snapdragon Summit.

UL Solutions announced that its UL Procyon® Artificial Intelligence (AI) Inference Benchmark for Windows demonstrated the AI inference performance of the Snapdragon® X Elite Platform during the 2023 Snapdragon Summit.
UL Solutions announced that its UL Procyon® Artificial Intelligence (AI) Inference Benchmark for Windows demonstrated the AI inference performance of the Snapdragon® X Elite Platform during the 2023 Snapdragon Summit.

An inference engine comprises hardware and software that make decisions based on the rules and information stored in a knowledge base, and its performance can vary based on the device and other factors.

The UL Procyon AI Inference Benchmark for Windows compares multiple inference engines from different vendors, measuring the machine learning inference performance of Windows operating system devices using common machine vision models. These insights help technology companies evaluate inference performance and compare devices for AI use cases.

“With the unprecedented access to machine learning and artificial intelligence tools that consumers now have in their daily lives, technology vendors are utilizing performance insights to optimize inference engines for better performance with hardware and specific use cases,” said Jukka Makinen, managing director in the Software and Advisory group at UL Solutions. “Our UL Procyon AI Inference Benchmark for Windows empowers the technology industry with a performance measurement tool and insights that can assist in the development of faster AI-driven products and features. The close work between UL Solutions and Qualcomm Technologies helps enhance benchmark accuracy, relevancy and impartiality as AI continues to evolve at a rapid pace — particularly with the Snapdragon X Elite Platform.”

The AI workloads used in the UL Procyon AI Inference Benchmark for Windows are standard machine vision tasks, such as image classification, image segmentation, object detection and super-resolution. These tasks are executed using various neural networks and run on the device’s central processing unit (CPU), graphics processing unit (GPU) or a dedicated AI accelerator for comparing hardware performance.

“The insights gained from the UL Procyon AI Inference Benchmark for Windows enabled Qualcomm Technologies to optimize the performance of our machine learning tools and present data to highlight the new capabilities of our leading Snapdragon X Elite Platform,” said Surya Chittuluri, director of product management at Qualcomm Technologies, Inc. “We are pleased to be among the industry partners working with UL Solutions in the ongoing development of its AI benchmark in support of faster machine learning.”

Learn more about the UL Procyon AI Inference Benchmark for Windows.

About UL Solutions
A global leader in applied safety science, UL Solutions transforms safety, security and sustainability challenges into opportunities for customers in more than 100 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers’ product innovation and business growth. The UL Certification Marks serve as a recognized symbol of trust in our customers’ products and reflect an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage.

Press contacts:
Tyler Khan
UL Solutions
ULNews@UL.com
T: +1 (847) 664.2139

Steven Brewster
UL Solutions
ULNews@UL.com
T: +1 (847) 664.8425

5th China-Central and Eastern European Countries (Cangzhou) Small and Medium-Sized Enterprise Cooperation Forum Launched in N.China Province

CANGZHOU, China, Nov. 18, 2023 /PRNewswire/ — The 5th China-Central and Eastern European Countries (CEEC) (Cangzhou) Small and Medium-Sized (SME) Cooperation Forum initiated on November 13th in Cangzhou, north China’s Hebei Province, announced the Cangzhou municipal government.

Signing ceremony of key cooperation projects at the 5th China-CEEC (Cangzhou) SME Cooperation Forum
Signing ceremony of key cooperation projects at the 5th China-CEEC (Cangzhou) SME Cooperation Forum

With the theme of “Expanding openness and cooperation for win-win development”, the forum was jointly sponsored by the Ministry of Industry and Information Technology of PRC (MIIT) and the People’s Government of Hebei Province, supported by the CEEC Secretariat and the Cangzhou Municipal People’s Government.

“Since establishing the China-Central and Eastern European countries cooperation mechanism in 2012, the economic and trade cooperation between the two sides has made positive progress, with an average annual growth rate of 8.1% and a two-way investment of nearly US$ 20 billion. The economic and trade cooperation between China and Central and Eastern European countries has shown great vitality and strong resilience.” Xu Xiaolan, Vice Minister of MIIT, addressed in her speech.

At the event site, 277 Chinese and foreign merchants from 10 countries came to look for business opportunities. The enterprises involved in automobile manufacturing, clean energy, intelligent equipment, laser industry and other fields.

“This forum is an important platform for exchanges between small and medium-sized enterprises in China and Central and Eastern European countries, which has promoted the economic development of all countries, made great contributions to the global market, and will bring more cooperation opportunities to Serbia.” Sinisa Mali, Deputy Prime Minister and Minister of Finance of Serbia, said.

It is reported that through the previous docking negotiations, this forum has reached 109 cooperation results with a total investment of 63.636 billion yuan.

In recent years, Cangzhou has developed into a critical modern port city in North China, the new industrial city in the Circum-Bohai Sea Area and an important node city in the urban agglomerations of Beijing, Tianjin and Hebei Province. For three consecutive years, Cangzhou has been named by Forbes China among the Top 100 Best Commercial Cities in Mainland China.

The China-CEEC (Cangzhou) SME Cooperation Forum was established in 2018, becoming China’s first cooperation zone for Central and Eastern European countries. For five years, the forum has served as an essential platform for strengthening exchanges and cooperation between China and Central and Eastern European countries.

AKA Bank Showcases DeepBrain AI’s Conversational AI Human Service at Euro Finance Tech Day 2023

PALO ALTO, Calif., Nov. 18, 2023 /PRNewswire/ — DeepBrain AI, in collaboration with AKA Ausfuhrkredit-Gesellschaft mbH (AKA), introduced AI avatar technology to the European financial services sector at the Euro Finance Tech Day 2023. AKA led a panel discussion featuring DeepBrain AI’s conversational AI Human technology, showcasing the use of AI and AI avatars to modernize and transform 24/7 customer support in the financial services industry.

Euro Finance Tech Day 2023, organized by dfv Euro Finance Group, focused on topics related to digitalization, payments, and technology trends in finance and banking. The event this year delved into the central theme of “Could we handle artificial finance?” The agenda aimed to highlight the changes, opportunities, and risks associated with the use of artificial intelligence (AI) in the finance and banking industry.

Eric Jang, CEO of DeepBrain AI, expressed his excitement about the opportunity, stating, “DeepBrain AI is honored to have been represented by AKA at Euro Finance Tech Day. We know that AI will play a pivotal role in revolutionizing all aspects of future businesses. This partnership represents a significant milestone in our ambitions for AI and AI avatars, driving our expansion into the European market and paving the way for enhanced customer experiences and improved operational efficiency.”

Artificial Intelligence (AI) and AI Avatars are revolutionizing human-computer interaction. DeepBrain is well-positioned to enter the European market, building on the company’s successful track record of implementing AI and AI avatar technology in Asia-Pacific banking institutions. The company has established strong partnerships with leading financial institutions, including KB Kookmin Bank, Samsung Securities, Shinhan Bank, Woori Bank, Hana Bank, and AIA Life Insurance. Their patented AI avatar video and conversational AI Human technologies have played a crucial role in advancing video production, enhancing digital interactions, and delivering exceptional experiences for both customers and staff. DeepBrain AI sets itself apart as an industry leader by providing comprehensive support for all AI avatar formats, including both software and hardware products.

During the Euro Finance Tech Day 2023 exhibition, AKA showcased a prototype based on DeepBrain’s AI Human technology, demonstrating the company’s AI avatar’s ability to engage in human-like conversations. DeepBrain’s conversational AI model, which was developed in collaboration with AKA, utilized a fine-tuned large language model (LLM) to deliver personalized and informative responses that closely resembled natural human-to-human exchanges. Additionally, the AI human has a visually realistic appearance, creating a unique experience that combines the advantages of technology with the familiarity of human interactions.

“We are excited to be the first German company to present our AI avatar prototype “AMY” from DeepBrain AI live on stage at the Euro Finance Tech Day. Smart AI avatars will significantly alter customer experience in the near future and provide many opportunities for value-generating human-computer-interaction – available 24/7 in the language of the customer. DeepBrain AI’s AI Human technology is highly sophisticated and matches the expectation of our customers. I want to express my gratitude to the team, which basically worked 24 hours a day, distributed over three continents, in Palo Alto, Frankfurt and Seoul.” said Marck Wengrzik, CEO at AKA.

The collaboration between AKA and DeepBrain AI is rooted in the strong belief that the potential for AI in financial services is enormous. Following the exhibition at Euro Finance Tech Day 2023, AKA will evaluate the potential integration of DeepBrain AI’s AI avatar technology into their business services.

About AKA Bank: AKA Ausfuhrkredit-Gesellschaft mbH has specialized in international export and trade finance since 1952. AKA is headquartered in Frankfurt/Main. Together with its 17 shareholder banks such as Bayerische Landesbank, Commerzbank, Deutsche Bank, Deutsche Leasing, DZ Bank, Hamburg Commercial Bank, ING, KfW IPEX-Bank, Landesbank Baden-Württemberg and UniCredit, it works in partnership to finance German export transactions. In cooperation with exporters, importers, credit insurers and banks, AKA makes an important contribution to promoting the German export industry. The commodity-related nature of its activities ensures a reliable and resilient business model.

About DeepBrain AI:

DeepBrain AI humanizes digital interactions by utilizing real-time Artificial Intelligence (AI) and video synthesis solutions to generate the world’s fastest and most realistic human-like AI models. The company’s proprietary, patent-led technology adds a human touch to all digital content and interactions, reducing the cost and time of video production and improving the quality of digital engagement. DeepBrain AI is at the forefront of shaping modern digital experiences and has already made a significant impact in various industries, such as media, finance, commerce, hospitality, and education.

Headquartered in Palo Alto, California, DeepBrain AI has received numerous accolades for its technology, AI Studios, and AI Human platforms, including the CES 2022 and 2023 Innovation Awards. The company has already achieved remarkable success in the Asia-Pacific region and is now focused on growing virtual human technology in the North American and European markets.

Captured at Euro Finance Tech Day 2023, AKA Bank's CEO stands with 'Amy', the epitome of DeepBrain AI's innovation in conversational AI avatars, symbolizing the synergy of human expertise and AI precision in modern banking.
Captured at Euro Finance Tech Day 2023, AKA Bank’s CEO stands with ‘Amy’, the epitome of DeepBrain AI’s innovation in conversational AI avatars, symbolizing the synergy of human expertise and AI precision in modern banking.

DEEPX Honored with Three CES Innovation Awards 2024 for Leading-Edge AI Chip Tech

Korean fabless startup unleashes world’s most innovative AI chip technology — ultra-gap source technology

– DEEPX is honored with three CES Innovation Awards 2024 in its core focus areas: Computer Hardware, Embedded Technology, and Robotics.
– The brand is a fabless AI chipmaker with world-leading innovation in cutting-edge source technologies — specifically ultra-gap source technology.

SEOUL, South Korea and LAS VEGAS, Nov. 17, 2023 /PRNewswire/ — DEEPX (CEO, Lokwon Kim), an AI chipmaking startup, is announcing that its proprietary ultra-gap source technology for AI chips has been recognized with three CES Innovation Awards 2024 — in Computer Hardware, Embedded Technology, and Robotics — ahead of the January 2024 CES trade show in Las Vegas, Nevada.

Join DEEPX at Booth #9069, North Hall during CES 2024 to experience the latest in AI chip technology and explore DEEPX’s Early Access Customer Program. 

DEEPX’s All-in-4 AI Total Solution, DX-H1, and DXM1 are honored with CES Innovation Awards 2024.
DEEPX’s All-in-4 AI Total Solution, DX-H1, and DXM1 are honored with CES Innovation Awards 2024.

As the world’s largest electronics exhibition since 1967, CES’ Innovation Awards, organized by the Consumer Technology Association (CTA), have served as a global beacon for technological innovation. DEEPX is the first AI chip company in the world to be honored with CES Innovation Awards in all three categories, and the brand anticipates that the positive recognition from these awards will soon be shared more broadly, through expanding international partnerships and attracting further investment.

The following DEEPX solutions were recognized: 

  • Embedded Technology category: An “All-in-4 AI Total Solution” consisting of four AI chips optimized for AI capabilities and performance that can be applied to various embedded systems
  • Computer Hardware category: The DX-H1, a technology specialized in minimizing energy consumption in high-performance AI computation processing in servers and data centers to reduce carbon emissions
  • Robotics category: The DX-M1 module, which innovatively realizes the intelligentization of edge devices such as robots for unmanned industrial sites and social infrastructure as well as daily life

Each of these solutions utilizes DEEPX’s ultra-gap source technology, its core and independently developed technology. The brand’s AI chip source solutions offer the latest AI algorithm support technology for edge AI applications, GPU-level high AI accuracy, and the world’s highest effective power-to-performance ratio. DEEPX is also the only AI chip company in the world to offer: an All-in-4 AI Total Solution consisting of four products optimized for various AI applications; technology that minimizes on-chip SRAM and off-chip DRAM usage requirements to minimize AI technology implementation costs; and DEEPX Software Development Environment (DXNNTM) technology that can unify and support four AI chip products for development of various AI applications. In addition, DEEPX is actively honing the cutting edge of AI chip technology and striving to lead the way — it currently has over 200 patents pending in the U.S., China, and Korea, the most in the world for edge AI chip development.

“DEEPX set out from the start to dominate the global market by developing the world’s best AI chip source technology, and, through hard work and dynamic innovation, we have already set the standard for AI chip technology,” remarked DEEPX CEO Lokwon Kim. “The fact that the first solution we developed — ultra-gap source technology — has been recognized with three CES Innovation Awards is an immense honor and a truly promising start. As we move forward, we will continue to challenge ourselves to constantly develop new technologies so that the name ‘DEEPX’ will be synonymous with ‘the world’s best original technology company’.”

DEEPX will showcase the winning source technologies and more at Booth #9069, North Hall during CES 2024, January 9-12, 2024, in Las Vegas, NV, as it leads the way in shaping the future with innovation.

<ABOUT DEEPX>
Founded in anticipation of an era when artificial intelligence will be as ubiquitous as electricity and Wi-Fi, DEEPX develops the underlying technology for high-performance AI chips and computing solutions that can make all electronic devices intelligent. DEEPX’s AI chips are optimized for various AI applications, improving the energy efficiency of AI devices and enabling efficient AI functions. Currently, DEEPX is cooperating with customers such as Hyundai Kia Motors Robotics LAB, POSCO DX, and Jahwa Electronics, which signed a mass production cooperation agreement earlier this year. The brand is also expanding cooperation with more than 30 global companies in smart cameras, control and security systems, robots, AI medical devices, and AI servers, while it scales up business globally, especially in the United States, China, and Taiwan region.

For more information, please visit: https://deepx.ai/

Qianhai’s Appeal to Global Investment Further Enhanced

SHENZHEN, China, Nov. 13, 2023 /PRNewswire/ — The appeal of Qianhai, Shenzhen to global investment is seeing further advancements. During the 2023 Qianhai Global Investment Promotion and Talent Conference, PricewaterhouseCoopers unveiled the Annual Doing Business Blue Paper for Qianhai Cooperation Zone 2023 (the “Blue Paper”), which pointed out Qianhai’s exceptional overall business environment and the significant progress made in the ShenzhenHong Kong integration, essentially achieving the goal of “the business environment being globally competitive by 2025” set in the Plan for Comprehensive Deepening Reform and Opening Up of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (the “Qianhai Plan”).

The Blue Paper highlighted Qianhai’s advancements in various aspects of the business environment. For example, regulations of the Shenzhen-Hong Kong Modern Service Industry Cooperation Zone on investor protection have been introduced to enhance the protection of investors’ rights and interests. The Shenzhen-Hong Kong International Legal Affairs Zone has been created, the Guangdong-Hong Kong-Macao Greater Bay Area International Arbitration Center has been established, and seven GuangdongHong KongMacao associations of law firms have been founded in the Qianhai Cooperation Zone. The General Administration of Customs has issued 18 measures to facilitate the coordination of inspection and supervision rules between Shenzhen and Hong Kong. This move promotes the port combination of the Guangdong-Hong Kong-Macao Greater Bay Area to “operate as a single port” and implement “one inspection and one certification for all access.” According to the Blue Paper, Qianhai will build a business environment that prioritizes market orientation, the rule of law, and internationalization, moving faster to reach the world-class level.

In order to continuously promote a high-quality business environment, Qianhai empowers talent introduction to furnish intellectual support for global enterprises, according to Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone.

The Qianhai Administration Bureau, in partnership with Elsevier, the University of Hong Kong (HKU), the China Europe International Business School, and other organizations, has initiated the Global Scientists Sabbatical Leave Program. The program aims at the key areas and strategic directions of global and national innovation development and creates an innovative platform where top scientists can exchange academic views and share frontier information. In this way, it encourages many scientists with global influence and expertise in core technologies in key areas to set up R&D centers in Qianhai and launch industrial transformation for their projects.

Since the release of the Qianhai Plan, Qianhai has increased collaboration with Hong Kong’s higher education institutions to establish new R&D facilities and other international talent vehicles and platforms in various forms in the Qianhai Cooperation Zone.

Meanwhile, Qianhai has released In Qianhai, a one-stop website for comprehensive talent services, which provides internationalized services throughout the ecosystem and chain for talented individuals relocating to China. It offers scenario-based online service functions for employment, entrepreneurship, living, and learning support, among other modules.

Furthermore, to provide global enterprises with a larger development platform, Qianhai has expanded its original Six Agglomerations (venture capital, natural gas trade, financial leasing, cross-border e-commerce, tax-related services, and high-end thinktanks) and launched the New Six Agglomerations: artificial intelligence, supply chains, integrated circuits, offshore engineering equipment, shipping services, and international consulting. Together, they create a new “6+6” spatial pattern of industrial agglomerations.

Analysts said that the multi-dimensional support will bring Qianhai’s business environment to a higher level and make Qianhai more appealing to global enterprises.

Source: Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone

ICZOOM Named Outstanding e-Commerce Platform of the Year at Prestigious Global IC & Component Exhibition and Conference, IIC Shenzhen 2023; Company Also Wins Global Electronic Component Distributor Excellence Award


HONG KONG, Nov. 9, 2023 /PRNewswire/ — ICZOOM Group Inc. (Nasdaq: IZM) (the “Company” or “ICZOOM”), a B2B electronic component products e-commerce platform, announced today that the Company was named Outstanding e-Commerce Platform of the Year at the prestigious Global IC & Component Exhibition and Conference, IIC Shenzhen 2023. This marks the seventh consecutive year the Company has been named Outstanding e-Commerce Platform of the Year by the major global IC and component exhibition and conference. Separately, the Company’s subsidiary Hjet Supply Chain won top honors with the important Global Electronic Component Distributor Excellence Award.

ICZOOM’s CEO, Mr. Lei Xia commented, “We are honored to be named Outstanding e-Commerce Platform of the Year and to receive the Global Electronic Component Distributor Excellence Award from the prestigious IIC Shenzhen. This is in recognition of our entire team’s hard work and dedication to providing our customers with increased efficiencies, broader and faster access to the components they need, and pricing transparency. This important industry-wide recognition underscores our leadership and unwavering commitment to further success as we continue to meet the needs of our customers and build value for our shareholders.”

IIC Shenzhen 2023 combines industry exchanges, multi-channel interaction, and resources aggregation, and brings together annual innovative product display, technology exchange, high-end forum, and industry summit. The exhibition sets up high-end exhibition areas such as IC design and application area, distributor area, and semiconductor comprehensive exhibition area, etc., to display IC design, EDA\IP, Internet of Things, AI, automotive electronics, green energy, smart industry, wireless technology, and other major emerging technologies and products. For more information please visit https://iic.eet-china.com/index_en.html.

At this year’s event, experts from upstream and downstream enterprises from across leading semiconductor OEMs, distributors, solution providers, and terminal factories (EMS/OEM/ODM) focused on supply chain security issues, elaborated on innovative thinking and insight into market trends, and deeply interpreted supply chain development trends and opportunities under semiconductor cycle variables.

About ICZOOM Group Inc.

ICZOOM Group Inc. (Nasdaq: IZM) is primarily engaged in sales of electronic component products to customers in Hong Kong and mainland China through its B2B e-commerce platform. These products are primarily used by China based small and medium-sized enterprises (“SMEs”) in the consumer electronic industry, Internet of Things (“IoT”), automotive electronics and industry control segments. By utilizing latest technologies, the Company’s platform collects, optimizes and presents product offering information from suppliers of all sizes, all transparent and available to its SME customers to compare and select. In addition to the sales of electronic component products, the Company also provides services to customers such as temporary warehousing, logistic and shipping, and customs clearance. For more information, please visit the Company’s website: http://ir.iczoomex.com/index.html.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “anticipate,” “estimate,” “plan,” “project,” “continuing,” “ongoing,” “expect,” “we believe,” “we intend,” “may,” “should,” “will,” “could” and similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.