(Yicai Global) Oct. 20 -- Qualcomm Technologies Inc., a unit of communication chip developer Qualcomm Inc. [NASDAQ:QCOM], and Chinese artificial intelligence developer Beijing SenseTime Technology Development Co. said today that they will collaborate on artificial intelligence and machine learning for mobile devices and Internet of Things products.
The partnership will enable the two companies to make use of their technical expertise in chips and AI to promote the popularity and development of on-device AI.
"The strategic collaboration between SenseTime and Qualcomm Technologies will advance on-device intelligence by leveraging our algorithm and Qualcomm Technologies' chipset. Together we'll push the envelope and extend AI to places that are currently beyond reach. Our strategic collaboration will become a turning point for the whole AI ecosystem," said Xu Li, SenseTime Technology's co-founder and chief executive.
Implementing AI on the device provides several advantages over cloud-only applications, enabling devices to provide reliable execution with or without a network connection. Additional benefits of on-device AI include real-time performance, privacy protection and enhanced reliability.