SAN DIEGO, Oct. 19, 2017 /PRNewswire/ -- Qualcomm
Technologies, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ:
QCOM), and SenseTime Group Limited today announced plans to
collaborate on artificial intelligence (AI) and machine learning
(ML) for future mobile and IoT products. This collaboration will
draw from the expertise of both companies in AI by leveraging
SenseTime's ML models and algorithms with Qualcomm® Snapdragon™
premium and high-tier platforms, which offer advanced heterogeneous
computing capabilities for client based AI. The companies expect to
drive the popularity and development of on-device AI in areas such
as innovative vision and camera-based image processing.
Devices such as smartphones and connected cameras are becoming
more intelligent with the proliferation of AI. Implementing AI on
the device provides a number of advantages over cloud-only
implementations, enabling edge devices to provide reliable
execution with or without a network connection. Additional benefits
of on-device AI include real-time performance, privacy protection
and enhanced reliability.
"To develop an AI ecosystem, it takes efforts from players in
multiple industries," said Dr Li Xu,
co-founder and chief executive officer, SenseTime. "The strategic
collaboration between SenseTime and Qualcomm Technologies will
advance on-device intelligence by leveraging our algorithm and
Qualcomm Technologies' chipset. Together we'll push the envelope
and extend AI to places that are currently beyond reach. Our
strategic collaboration will become a turning point for the whole
AI ecosystem."
"Qualcomm has been conducting fundamental research in AI over a
decade," said Keith Kressin, senior
vice president, product management, Qualcomm Technologies, Inc. "In
fact, many devices shipping today using our Snapdragon mobile
platforms already utilize on-device AI. We look forward to the
results of our collaboration with SenseTime to further accelerate
new and exciting capabilities of on-device AI for millions of
customers using mobile devices."
Currently, Qualcomm Technologies is focused on optimizing the
Snapdragon mobile platform to accelerate myriad AI use cases in the
areas of computer vision and natural language processing — for
smartphones, IoT and automotive — and is researching broader
executions in the areas of wireless connectivity, power management,
and photography. SenseTime is a leading company in artificial
intelligence and its applications. It plays an important role in
deep learning algorithm innovation and has built a proprietary deep
learning platform called Parrots. The company's leading technology
in deep learning makes it possible to innovate and develop a
variety of algorithms with low cost and quick turn-around.
SenseTime has made breakthroughs in algorithm model
miniaturization. Its strategic collaboration with Qualcomm
Technologies is expected to drastically improve the speed and
efficiency of combining algorithm and chipset, making SenseTime's
AI technology more pervasive.
The first public demonstration of this collaboration will be
showcased exclusively in Qualcomm Technologies' meeting rooms at
the Ritz Carlton (#23-26) during China Public Security Expo in
Shenzhen, October 29 – November 1,
2017.
About Qualcomm
Qualcomm's technologies powered the
smartphone revolution and connected billions of people. We
pioneered 3G and 4G – and now we are leading the way to 5G and a
new era of intelligent, connected devices. Our products are
revolutionizing industries, including automotive, computing, IoT,
healthcare and data center, and are allowing millions of devices to
connect with each other in ways never before imagined. Qualcomm
Incorporated includes our licensing business, QTL, and the vast
majority of our patent portfolio. Qualcomm Technologies,
Inc., a subsidiary of Qualcomm Incorporated, operates, along with
its subsidiaries, all of our engineering, research and development
functions, and all of our products and services businesses,
including, our QCT semiconductor business. For more information,
visit Qualcomm's website, OnQ blog, Twitter and Facebook pages.
About SenseTime
SenseTime is China's largest artificial intelligence (AI)
company that focuses on computer vision and deep learning
technologies. It is also the largest AI unicorn valued above
USD 1.5 billion. The developer behind
China's only proprietary deep
learning platform, SenseTime has become the largest algorithm
supplier in the country. The company is dedicated to creating an AI
ecosystem with innovation and solutions to upgrade the industries.
Besides from its technological strengths, SenseTime has achieved
commercial successes. It has powered many industries such as
finance, security, smart phone, and mobile Internet with core
computer vision technologies including face recognition, video
analysis, and character recognition. SenseTime boasts more than 400
leading customers and strategic partners including Qualcomm,
NVIDIA, China Mobile, UnionPay, Huawei, Xiaomi, OPPO, vivo and
Weibo. With offices in Beijing,
Shenzhen, Shanghai, Chengdu, Hangzhou, Hong
Kong, Kyoto, and
Tokyo, SenseTime has attracted top
talents around the world to build a world- leading technology
company – from China, for the
world. For more information, visit SenseTime's website, WeiChat and
Weibo.
Qualcomm and Snapdragon are trademarks of
Qualcomm Incorporated, registered in the
United States and other countries.
Qualcomm Snapdragon is a product of Qualcomm
Technologies, Inc.
Qualcomm Contacts:
Pete Lancia, Corporate
Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com
John Sinnott, Investor
Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com
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SOURCE Qualcomm Technologies, Inc.