AI industry booming in GBA

The Greater Bay Area’s artificial intelligence (AI) industry is expected to be worth more than RMB50 billion by the end of this year, accounting for more than 30% of the country’s market.

This is what a high-level forum known as the Greater Bay Area (GBA) Artificial Intelligence and Robotics Conference heard earlier this week in Shenzhen.

Sun Zhiqiang, rotating president of the Guangdong Robotics Association and chairman of Risong Technology, sounded the conference’s bullish tone in a speech. “AI and robotics are at the forefront of cutting-edge technology in this era, and the GBA has the most potential in developing them,” he said. With the construction of the GBA, “we should capture the opportunity to form a new AI and robotics-powered growth model,” he added.

Li Peigen, an academician of the Chinese Academy of Engineering, said in the keynote speech that human-machine cooperation would be a major trend, and that “cohabitation” would be common in the future. He also pointed to the widespread application of cloud robots and remote consultation surgery supported by 5G hybrid-reality cloud platforms.

Zeng Zhenyu, vice president of Alibaba Cloud Intelligence, was equally upbeat. “There are tremendous opportunities for the development of smart industries in spite of the current sluggish industrial economy and lower-end manufacturing facing the challenge

of industrial upgrading,” he said. “The value of smart industry is to assist enterprises to reduce costs, enhance efficiency, and improve quality and safety. From single-point intelligence to local intelligence to holistic intelligence, intelligent industries have enormous potential. Most importantly, GBA possesses fundamental advantages and bright prospects for the development of smart industries, which could be the core of Chinese manufacturing.”

Wang Jiong, Director of Ecosystem Business Development of General Energy (GE) Asia, shared GE’s approach to solving industrial problems: connectivity, insight, and optimization, with data as the core. He said that GE realized machine modeling and digitization by establishing a model of industrial AI, which was unique in integrating historical monitoring and online data while using mobile data to settle complex industrial problems. “What we are doing is showcasing the value of data and unlocking the potential of this industry,” he said.

A report released at the forum showed that China led the world’s industrial robot consumer market for six consecutive years. Sales of self-owned branded industrial robots and market share had achieved steady growth. The GBA provided some outstanding superstars in a robust AI and robotics industry, such as Huawei, Tencent, SenseTime, Cloudwalk, PCITech, Xpeng Motors, Risong, Guangzhou CNC, Greatoo Intelligent, and Gree Electric, among many others.

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