VARINDIA IT MAGAZINE

The big bets placed on machine learning by Kai-fu Lee the former Apple, Microsoft and Google executive turned as investor, a key figure in the Chinese technology industry leading the way for China With a portfolio of 300 companies. Lee is among the leading investors in Chinese AI startups through his venture fund Sinovation Ventures, a $1.8bn dual currency fund, which also invests in the US. “The State Council paper laid out China’s desire to be a hub of AI innovation by 2030, and these papers have teeth in terms of very strong local execution,” says Kai-Fu Lee. This isn’t a divination by a researcher or academic, it’s government policy from Beijing. A State Council document, issued in July last year, resolved to position China as the world’s pre-eminent practitioner of artificial intelligence (AI) in both research and application within the next 12 years. Governments across the world are rushing to support innovation in AI, but none has published as coherent a plan as Chin...

UK speed tester, OpenSignal has stated in its recent report that India’s 4G download speeds are slower than that of its neighbours - Sri Lanka (13.95Mbps), Pakistan (13.56Mbps) and Myanmar (15.56Mbps). The average 4G LTE data speed in India has been about 6.1Mbps for more than a year. According to a list prepared by OpenSignal, 4G download speed in India is the slowest among 88 countries spanning 6 continents. The speed in India has been calculated to be a dismal 6.01 mbps, while the fastest in the world is in Singapore at 44.31 mbps. USA also struggles with a lowly rank. 4G speed in America has been calculated to be 16.31 mbps. The methodology used to prepare this report is based on the real-world experience of consumers on mobile networks in their usual, daily lives. However, when it comes to availability of 4G connections, India performs far better. India ranks 14 out of the 88 countries with a very encouraging 86.26%. It does not come as much of a surprise conside...