LAS VEGAS, Sept. 29, 2017 /PRNewswire/
-- Remark Holdings, Inc. (NASDAQ: MARK), a global digital
media technology company, announced that its KanKan subsidiary's
latest product, the KanKan Heterogeneous Multi-Intelligence System
(also called DeepEye) was ranked last week in the top three in
Alibaba's "Best AI Products" competition in Nanjing. KanKan's DeepEye was one of 15
finalists after Alibaba evaluated more than 300 companies' products
for this prestigious honor.
"We are proud and excited to receive this meaningful honor from
our valued partner, Alibaba," stated Kai-Shing Tao, Remark Holding's Chairman and
CEO. "DeepEye allows businesses of all sizes to use AI to
help their business grow. Our product is unique in what it
offers customers in terms of its technology, cost, and usage.
Research and development is the core of our company, and we
will continue to improve KanKan's existing technology and innovate
new products to better serve our partners and customers as AI
becomes more accepted and used."
DeepEye is a computer vision system consisting of multiple
neural processing units (NPUs) in a heterogeneous architecture in
which particular AI models are selected to run on corresponding
NPUs; such a structure provides the best performance, but with low
power consumption. KanKan's versatile DeepEye system can
recognize faces, people, animals and various other objects, as well
as track object movement. The system can be, and has been, used in
a cost-efficient manner to solve many industrial problems,
including issues involving food safety, traffic control,
media-content management, surveillance, and precision
agriculture.
About Remark Holdings, Inc.
Remark Holdings,
Inc. (NASDAQ: MARK) primarily focuses on the development and
deployment of artificial-intelligence-based solutions for
businesses and software developers in many industries.
Additionally, the company owns and operates digital media
properties that deliver relevant, dynamic content. The company
is headquartered in Las Vegas, Nevada, with additional operations in Los
Angeles, California and
in Beijing, Shanghai, Chengdu and Hangzhou,
China. For more information,
please visit the company's website
at www.remarkholdings.com.
Investor Relations Contact:
Douglas Osrow
Remark Holdings, Inc.
dosrow@remarkholdings.com
702-701-9514 ext. 3025
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SOURCE Remark Holdings, Inc.