China fosters innovative AI research through competition

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The Chinese government has been unequivocal in its goal to become the global AI leader. Three of the largest tech companies in China — Sougou, China’s second-biggest search giant, Sinovation Ventures, and internet firm Bytedance — have joined forces to bring that plan to fruition. The companies pooled funds and data to create the AI Challenger contest. The contest features a prize pool of 2 million yuan, or approximately $300,000. Entrants will presumably be judged on innovation in the field of AI research. Contestants will eventually have access to a data-set featuring 300,000 image-based objects and more than 10 million…

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