Tech China Post #34
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.
China is becoming a destination of hiring AI talent. Half of the top 10 employers of AI talent in China are America.
China’s Tencent will sell online insurance via WeChat platform.
Baidu and Beijing Airport will launch facial recognition for passenger check-in.
Baidu acquired kitt.ai as it builds up ecosystem for its AI platform, DuerOS where it wants developers to use DuerOS to build chatbots using the DuerOS core services.