AI in finance final report

This report applies three methods in AI aspect to monitor the performance of two AI related firms, including sensetime and Yewno. The result shows that Yewno has expanded its business into financial industry recently, while sensetime has shifted its business from IT or computer industry toward education and high technology industry. The paper also includes reflections on two articles, which are in finance and AI perspectives respectively. 1 Background introduction 1.1 Company choice In the project, we choose two companies to monitor their developments by time which are Sensetime and Yewno, in addiction to that, we also choose the counterpart Yitu to make cross-comparison with Sensetime. We choose Sensetime for the following reasons: a. Sensetime largely participated on Chinese market, thus we can collect abundant information and data revealed officially for analysis. b. Sensetime is the largest “Unicorn” AI company, it is reasonable to analyze the representative of AI industry. c. Sensetime launched a series of advanced artificial intelligence technologies serving multiple industries. We chose Yewno for following reasons: a. Yewno has significant partnerships with notable institutions, thus we can monitor it from value chain. b. Yewno have active media activities, it updates company news on twitter in a timely manner, convenient to track company big events. 1.2 Company introduction Sensetime: Banruo Zhang Department of Mathematics The Hong Kong University of Science and Technology bzhangaz@connect.ust. hk Chuchu Qiu Department of Mathematics The Hong Kong University of Science and Technology cqiuac@connect.ust. hk Lu Li Department of Mathematics The Hong Kong University of Science and Technology llibp@connect.ust. hk Mandi Tang Department of Mathematics The Hong Kong University of Science and Technology mtangae@connect.ust. hk Yawen Zhou Department of Mathematics The Hong Kong University of Science and Technology yzhoucm@connect.ust. hk As the world's leading artificial intelligence platform company, SenseTime Technology is a new generation of artificial intelligence open innovation platform of “Intelligent Vision” by the Ministry of Science and Technology of China. At the same time, SenseTime Technology is also a world-renowned AI innovation company, with a total leading amount and valuation in the industry. SenseTime Technology has a mission of “holding on originality and let AI lead human progress”. The company independently developed and established the world's leading deep learning platform and supercomputer center, and launched a series of advanced artificial intelligence technologies, including face recognition, image recognition, text recognition, medical image recognition, video analysis, driverless and remote sensing. Wait. SenseTime Technology has become the provider of Chinese head AI algorithms. SenseTime Technology is a leading market share in a number of vertical sectors, covering smart cities, smart phones, Internet entertainment, and advertising, automotive, finance, retail, education, real estate and many other industries. At present, Shangtang Technology has established cooperation with more than 700 world-renowned enterprises and institutions at home and abroad. Yewno: Yewno’s mission is that of extracting knowledge from an overwhelming quantity of unstructured and structured data. Its technology helps to overcome the “Information Overload” problem and to research and to understand the world in a more natural manner.It is inspired by the way humans process information from multiple sensorial channels and it leverages state-of-the-art Computational Linguistics, Network Theory, Machine Learning, as well as methods from the classical Artificial Intelligence.