Artificial Intelligence

China’s second space station, Tiangong-2, is coming back to Earth. It will finish its two-year mission as a temporary space station and start de-orbiting for a controlled destruction in the middle of 2019. (link)

Beijing Government has established a $4.6B fund called the Beijing Science & Technology Innovation Fund. The fund is a fund-of-funds with an objective to invest in no more than 100 funds globally to fund core technology innovations. (link)

SF Motors Inc, the electric vehicle business of China’s Chongqing Sokon Industry Group, bought InEVit Inc. InEVit is an electric vehicle and battery tech firm headed by former Tesla executive Martin Eberhard. China is the world’s largest car market and the world’s largest market for electric…

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Huawei said it has created a new generation of AI chip that can surpass Apple and Samsung. AI capabilities are embedded at the chip level to drive further…

The Chinese government will begin regulating mobile payment platforms given the transaction volume of non-banking payments has risen to $16 trillion in 2016. This has a number of implications including sharing of data by Alipay and Tencent with the Chinese government.

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Ant Financial is investing in AI to position itself as a leader in financial technology. In addition to R&D, Ant Financial has been an active strategic investor in AI and emerging tech startups…

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The exam result of the AI bot (AI-MATHS) that took the math portion of the once-a-year Chinese university entrance exam is back — it got below average grade. It scored 105 out of 150. The company…

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Innovation

Xi Jinping’s remarks on scientific innovation

Energy and Climate

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Google’s A.I. Program’s defeat of the Chinese Go master shows a fundamental power of AI…a machine can scale trained intelligence significantly while humans can’t.