Tech China Post #56
In an effort to tap into the local talent ecosystem and to expand its social media foot print, Princeton University Press launches WeChat in China.
The Chinese government recognizes that becoming a leader in artificial intelligence long-term means becoming a leader in semiconductor so it can control the embedded layer of AI.The government laid out the goal to mass-produce neural-network processing chips by 2020. To date, hundreds of millions of dollars have been invested by public and private sectors in companies that are doing R&D on neural network processing chips. (link)
Louis Dreyfus Co, Shandong Bohi Industry Co, ING, Societe Generale and ABN Amro, Russell Marine Group, Blue Water Shipping, and the USDA worked together to execute the trading of soybean on blockchain-enabled trading network. Trade finance and global supply chain are two primary use cases of the blockchain technology for private networks. (link)
Chinese tech giants continue to push for global partnerships :
WeChat Pay supports cards and mobile wallet activities beyond China
