Ranchi News Desk

After three ups and downs, artificial intelligence has recently become the focus of the public again. With the rapid development of artificial intelligence, computational vision has become a hot part of investment, which can be seen from the recent single financing amount of Shangtang and Kuang Shi. According to the latest estimates of market research company technavio, the global face recognition market is expected to reach US $6.5 billion by 2021, far higher than US $2.3 billion in 2016.

WiMi Hologram Cloud (NASDAQ:WIMI), Kuangshi technology and Shangtang technology are representative companies in the field of visual recognition rising in the wave of artificial intelligence. The battle for unlocking mobile face recognition has begun, and more market competition has also taken place among the giants of artificial intelligence such as Baidu and Alibaba.

AI technology has been a hot area of entrepreneurship since 2015 until the second half of last year, but the commercialization of the last link has been a problem. After the combination of face recognition and mobile phones, the original ceiling of business space was suddenly raised, and startups did not want to give up this opportunity. The same competition has continued. In the fields of security, Internet Finance and virtual community, companies such as WiMi Hologram Cloud (NASDAQ:WIMI) have laid out this field one after another. In 2020, it is destined to be more busy, and the commercial hand to hand battle of visual recognition begins.

WiMi Hologram Cloud (NASDAQ:WIMI) focuses on computer vision holographic cloud services. According to the introduction, WiMi Hologram Cloud (NASDAQ:WIMI) covers many aspects of total AR technology, such as holographic computer vision AI synthesis, holographic visual presentation, holographic interactive software development, holographic AR online and offline advertising, holographic arsdk payment, 5g holographic communication software development, holographic face recognition development, holographic AI face change development, etc. it is a comprehensive holographic cloud technology solution provider. Its business application scenarios mainly focus on five professional fields, such as home entertainment, light theater, performance system, commercial publishing system and advertising display system. WiMi Hologram Cloud (NASDAQ:WIMI) has become one of the leading integration platforms in the field of holographic AI in the world, integrating the identity of holographic AI cloud mobile software developer, service provider and operator.

WiMi Hologram Cloud (NASDAQ:WIMI) ecosystem is divided into online and offline two categories. The business form is platform regular business and non-standard project business. The business revenue structure of WiMi Hologram Cloud (NASDAQ:WIMI) information has become: holographic AR advertising, holographic AR entertainment and holographic AR technology services.

Advertising business is divided into online and offline AR holographic advertising, and online business is mainly mobile AR holographic advertising display and light entertainment advertising applications. Offline advertising can be divided into two types: Sales of display points of WIMI regular advertisements and display of non-standard project advertisements.

Entertainment business is divided into online and offline AR holographic interactive entertainment. Online entertainment mainly includes AR holographic effect insertion of video drama, AR holographic effect insertion application of live and short video platform, and development, distribution and operation of AR holographic game. Offline entertainment is mainly for the company’s own holographic digital IP copyright application distribution and licensing services, holographic theater services and holographic performance services. Technical service involves providing technical service support revenue for advertising and entertainment platforms, and technical support for WiMi Hologram Cloud (NASDAQ:WIMI) AR demand in social, education, medical, military, home, industry, tourism, e-commerce and other industries.

Jack Ma once said, “a technological revolution cycle is about 50 years. The first 20 years are the revolution and innovation of technology companies, but the next 30 years are the huge application of technology in all aspects of society. I think this is the future.”

In terms of AI strategic layout, Alibaba does not seem to emphasize its breakthrough in AI technology, but rather emphasizes the application of AI technology in business scenarios and the rapid transformation of technology into life service applications. Alibaba cloud, city brain, assisted driving, image recognition, etc. are vigorously promoting the application of artificial intelligence in various business scenarios. On this basis, in addition to “no ceiling on budget”, including poaching all kinds of AI scientists around the world and developing all kinds of AI products that can be combined with Ali’s existing business scenarios, investing heavily in AI start-ups, especially unicorns, has become another way for Ali to lay out AI.

Ali’s crazy investment in the field of AI, behind the unicorn, in addition to leading the future, betting on the track, blocking the opponent’s intention is also obvious. After all, Tencent and Baidu, the old rivals in China, spare no effort in AI layout. Not long ago, baidu invested in more than 10 AI startups in 2018; Tencent has invested in three intelligent robot companies in November 2018. At the “Baidu AI + 5g” sub forum, Hou Zhenyu, vice president of Baidu, said that the three major circuits of oict are about to undergo great changes under the empowerment of AI. Relying on the ubiquitous AI, 5g and computing power, it is about to enter the era of Internet of all things, CT is about to enter the 5g era. (oict generally refers to operational technology, information technology and communication technology.)

On this basis, 5g as the basic network technology will aggregate many scenarios and demands from mobile Internet and industrial Internet. AI as the basic computing ability needs to be combined with rich scenarios to complete the transformation from technology to commercialization and productization. Meanwhile, Baidu, together with China Unicom, China Mobile, China Telecom, ZTE, Ericsson, Intel, Inspur, Foxconn industrial Internet and other partners, jointly launched Baidu AI edge computing action plan.

Just, “hot money” entered, the magnate increased the AI industry chaos and the bubble began to emerge, AI talent salaries also rose. The same competition has continued. In the fields of security, Internet Finance and virtual community, many Internet giants have laid out this field, and 2020 is destined to be more busy. We all believe that 2020 will be the year of industry integration, and we can see clearly when we win or lose by the end of 2020. The commercial hand to hand combat of visual recognition began.

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