Zhongguancun Haidian Science Park Congratulates Baidu on New AI Milestone

BEIJING--()--Zhongguancun Haidian Science Park in Beijing, China recently announced that the Baidu Global Research and Development Center located in the park achieved a milestone in artificial intelligence with its Minwa Supercomputer.

As reported by IBTtimes on June 30, 2015, Baidu indicated that the error rate of Minwa in identifying 1,000 pictures is 4.58%, beating human (about 5%), Microsoft AI software (4.94%) and Google (4.8%).

And in an interview between 36Kr, China’s leading science and technology media, and Andrew Ng, Chief Scientist of Baidu, Ng said, “We have solved the problem of infrastructure at the hardware level, and next we’ll focus on the usability of this technology.”

Such exciting miracles are not rare in Zhongguancun Haidian Science Park. As the Chinese version of the Silicon Valley, the park is a paradise of science and technology in China and the first and best choice for the high-tech companies worldwide entering China. Here Xiaomi, the local high-technology company, has grown into the most-valued non-listed company in the world in the past 4 years; Lenovo, a national brand originated in Zhongguancun Haidian Science Park and going overseas, has turned into a well-renowned international company, with 60% of its revenue contributed by overseas markets in 2014.

Zhongguancun Haidian Science Park is also home to the national and regional headquarters of Fortune Global 500 companies such as Microsoft, IBM and Oracle, as well as headquarters and R&D centers of domestic companies like Tencent.

With its policy of “Low Cost, Convenience, Total Factors and Openness”, Zhongguancun Haidian Science Park is striving to create a “Creators’ Space” for local and overseas entrepreneurs and famous international science-and-technology enterprises. Since launched in June, 2014, Z-Innoway in Zhongguancun Haidian Science Park has got financing worth more than RMB 1.75 billion. On average, at least one enterprise is financed with an average of RMB 5 million per day. These figures indicate that 1/3 of the country’s venture capital flows to Zhongguancun Haidian Science Park, equivalent to the situation of Silicon Valley, US.

Zhongguancun Haidian Science Park boasts the capability of gathering high-end international innovation resources, supporting the enterprises to engage in global competition and playing a significant role in the global innovation network. By the end of last year, it has gathered nearly 120 domestic and overseas technology transfer organizations in its core area, including China-Italy Technology Transfer Center, Asia Industry Technology Innovation Alliance (AITIA) and other international organizations, which have developed more than 1,000 international channels in the European Union, America and South Korea, served over 2,000 enterprises and completed nearly 200 international technology transfer projects.

Contacts

IDG Shenzhen
Beverly Yang, Tel: +86-0755-23994009
Beverly_Yang@idg.com.cn

Release Summary

Zhongguancun Haidian Science Park announced that the Baidu Global Research and Development Center located in the park achieved a milestone in artificial intelligence with its Minwa Supercomputer.

Contacts

IDG Shenzhen
Beverly Yang, Tel: +86-0755-23994009
Beverly_Yang@idg.com.cn