PropTech is revolutionizing APAC property market: GlobalData

Bangalore: Owing to high competition, over supply and tight margins, real estate developers in Asia-Pacific (APAC) are increasingly embracing new technologies, known as PropTech, to better engage customers, offer additional services and differentiate from the competition, according to GlobalData. The company forecasts the APAC real estate market to grow at 12.8% from 2017 to reach $2,543.5bn in 2022, riding on the back of the three largest markets by value—China, Japan and India. Historically property developers carried a strong brand, a track record and wielded significant influence in the decision making…

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Cloud-to-edge AI chip Kunlun repositions Baidu in AI market: GlobalData

Bangalore: Search engine giant Baidu has recently unveiled China’s first cloud-to-edge artificial intelligence (AI) chip—Kunlun—at Baidu Create 2018. The move repositions the company in not only the Chinese market but also globally, according to GlobalData. With Kunlun, Baidu joins the ranks of a select few companies that not only offer an AI platform to help enterprises deploy AI-infused solutions but also have their own hardware to maximize AI processing. Built to accommodate the high performance requirements of a wide variety of AI scenarios, Kunlun includes training chip ‘818-300’ and inference…

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