Artificial intelligence has moved from the age of discovery to the age of implementation. Among our invested portfolios, primarily in China, we see flourishing applications using AI and automation in banking, finance, transportation, logistics, supermarkets, restaurants, warehouses, factories...

The future of machine learning may depend less on amassing ground-truth data than simulating the environment in which a model will operate. Deep learning works like magic with enough high-quality data. When examples are scarce, though, researchers are using simulation to fill the gap.

AI startups are being scooped up at an accelerating pace, many by companies outside the tech sphere. A report by CB Insights shows that, as of August, 2019 was on track to surpass last year’s record number of AI startup acquisitions.