Facial recognition startups in China are reportedly attracting huge investments from large investors from all quarters. In the past week, Chinese facial recognition companies have come close to raising as much as $1.6 billion, according to two reports. And, before that, they have received billions of dollars in investment. The investments reflect the Chinese government's support for facial recognition technology. Benefiting from this, companies are in a better technology testing environment than their Western counterparts. This could help China deploy advanced facial recognition systems faster and more widely than the United States.
Artificial intelligence has always been a popular object of capital, and face recognition companies are even more popular. According to CB Insights data, in 2017, a total of 15.2 billion US dollars of funds flowed to AI start-ups in the world. Among them, Chinese AI entrepreneurs received 7.3 billion US dollars of investment, accounting for 48%, surpassing 38% in the United States. In 2016, China only received 13% of global AI startup funding. Specifically, investment in Chinese AI companies is mainly concentrated in the fields of facial recognition and chips. The former benefits from the Chinese government’s surveillance strategy, while the latter directly impacts US chip manufacturers.
Still remember the good news of face recognition financing in 2017
In 2017, good news of face recognition has been reported frequently, and huge financing has created a new market pattern. In July, SenseTime received $410 million in Series B financing; in October, Megvii Technology received $460 million in Series C financing; in November, Yitu Technology received 380 million in Renminbi Series C financing; Also in November, Yuncong Technology completed a RMB 500 million Series B financing, with a total of RMB 2.5 billion.
Who are the big money-suckers of face recognition?
SenseTime
The US$410 million single-discussion financing record in the AI ​​field makes SenseTime the hottest AI unicorn. Why does Negotiating Technology stand out among the unicorns with so many masters? In the author's opinion, the focus on original computer vision and deep learning technology makes SenseTime highly favored by investors. The founders are top domestic computer vision experts Tang Xiaoou and Xu Li, and their team has gathered a group of experts in the field of deep learning and computer vision. At present, SenseTime's core technologies include face recognition, video surveillance recognition, automatic driving recognition, etc., providing core technologies for security manufacturers such as the Third Public Security Institute and NetEase
Cloud Cong Technology
At the 4th China-Asia-Europe Security Expo in 2017, Yuncong Technology attracted much attention. At this Asia-Europe Security Expo, we can demonstrate products such as the Fire Eye face recognition platform, face recognition gates, and star hit face advertising machine. Interestingly, the teacher of Zhou Xi, the founder of Yuncong Technology, is an academician of the American Academy of Engineering and the father of computer vision-Professor Huang Xutao. He has won 7 championships in international challenges such as recognition, image recognition, and audio detection.
Megvii Technology
Six years after its establishment, Megvii Technology has successfully become a "unicorn" company in the field of artificial intelligence in China with a value of 20 U.S. dollars. Since its establishment in 2011, Megvii Technology has been committed to becoming an artificial intelligence company that "allows machines to understand the world". The company's goal is to give machines a pair of eyes, allowing them to "observe" and "think" like humans. At present, Megvii has formed an industry solution based on smart camera hardware and built with cloud services, covering multiple application directions including face recognition access control, sky eye monitoring system, dynamic face recognition monitoring, and the integration of human and ID cards. It has been used in many national institutions such as anti-terrorism, border inspection, and public security.
Deep Wake Technology
Shenxing Technology, which also focuses on the research and development of computer face recognition, its recognition technology is mainly based on human facial features. It detects whether there is a human face in an image or video, and uses multi-view face detection and positioning. The area is detected, and finally the information of each facial organ is compared with the face database to complete the recognition. On June 4th, Shenxing Technology announced that it has obtained hundreds of millions of RMB financing from B financing led by Guoke Jiahe, and also invested by Guojian Capital and Kaixuan Capital.
Green eyes
Beijing Geling Shentong Information Technology Co., Ltd., which focuses on computer vision and artificial intelligence, has independently developed Shentong technology, which is mainly used in security monitoring, intelligent transportation and medical fields. At the 2018 Asian Consumer Electronics Show held in Shanghai in June, reached a strategic partnership with Hyundai Group in the field of AI, which will use Greene's advanced visual recognition artificial intelligence algorithm, intelligent hardware research and development technology, and "terminal + cloud" "Integrated Solutions", injecting new innovative energy into Hyundai Motor Group in four aspects: production management, production line robots, auto dealership services and future vehicle-road coordination systems.
Epilogue
Looking back at the development of the AI ​​industry, in the past, the most discussed topic was the innovation of AI technology, but now people pay more attention to how to accelerate the application and realize commercial realization under the existing technology. For face recognition unicorns, if they want to break through the fierce competition, it is the key to have their own core competition system.
Face recognition technology occupies a dominant position in the security industry at this stage, and the research and development of AI chips is even more competitive, and those who can stand have their own advantages!
24HR Electronic Timer socket with photocell.
â‘ Light intensity setting
â‘¡ Light intensity detection
â‘¢ Countdown Timer ON & OFF
â‘£ 4 MODES:
Set > Detected: When the light intensity detection value is less than the set value, switch ON or OFF.
Detected > Set: When the light intensity detection value is greater than the set value, switch ON or OFF
ON : Always ON
OFF : Always OFF
NOTED:
1. The light intensity displayed by this machine is not the standard light intensity value (Lux), only the relative light intensity value.
2. The light intensity value is affected by the placement position and direction. Please determine the position first and then set it according to the actual light intensity detected. If you change the position or change the orientation, you need to reset the light intensity setting value suitable for the new position.
3. This product has built-in rechargeable battery. If it is not connected to AC for a long time, you need to connect the power supply to charge until the LCD can display normally.
MANUAL OPERATION
1. Press [UP" or [DOWN" to set the LUX value.
2. Press the [SET" key to start setting, and the P1 settable items will be flashed.
3. Press [UP" or [DOWN" to adjust the value.
4. Press [SET" key again to exit setting or enter next setting for countdown timer.
5. Repeat the [SET" key to start setting, and the P2 & P3 settable items will be flashed.
6. Press the [FUN" key to switch the working state in the following:
Set > Detected -> Detected > Set -> ON -> OFF
Set > Detected: Automatically switches when the detected ambient light intensity is darker than the set value
Detected >Set: Automatically switch when the detected ambient light intensity is brighter than the set value
When the brightness meets the setting conditions, the countdown starts as below:
Note:when the countdown is ON, the detected value is not displayed.
When the brightness does not meet the setting conditions, the countdown stops and waits:
After the countdown ON is reduced to 0, the countdown OFF starts immediately and the power is OFF.
After the countdown OFF is reduced to 0:
A. If the light intensity meets the set conditions, a new round of countdown will be started;
B. If the light intensity does not meet the set conditions, keep the power off and wait for the light to meet the conditions before turning on automatically.
NOTE:
1. If the power is cut off while the countdown is running, the countdown will be terminated immediately and the relay output will be off. After the power is turned on again, a new round of brightness detection will start.
2. Modifying the brightness value in the countdown operation will not affect the current countdown operation. After the off time of the current countdown, the new brightness setting value will take effect.
3. In the countdown on operation, change the setting value of the countdown on, this countdown will still be timed according to the original setting value; the new setting value will take effect when the next countdown on starts.
4. In the countdown off operation, change the setting value of countdown off, this countdown will still be timed according to the original setting value; the new setting value will take effect when the next countdown off is started.
NOTE: the brightness setting value, countdown ON or countdown OFF, any one of which is equal to 0, cannot be switched ON or OFF automatically.
Manual Control
When ON or OFF is displayed, it means that the power supply remains ON or OFF, as shown in the figure below:
Power Detection and Standby Mode
With AC power supply, the icon lights up and works normally.
When there is no AC power supply, the icon goes out, the brightness is not detected at this time, and the system enters the standby mode.
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NINGBO COWELL ELECTRONICS & TECHNOLOGY CO., LTD , https://www.cowellsocket.com