Tencent Holdings Ltd (OTCMKTS:TCTZF) has made it public the hiring of Zhang Tong. Zhang Tong happens to be a Stanford-trained researcher who formerly led Baidu Inc (NASDAQ:BIDU)’s Big Data Lab to scale up its fledgling AI program. This shows up as the perfect sign of its ambition to compete more in the arena of artificial intelligence. Earlier this week, the top NASDAQ stock hit a setback in its artificial-intelligence efforts when the chief scientist Andrew Ng revealed his decision to leave the company.
At Tencent, the top official is expected to provide leadership to some about 250 researchers and engineers as well in a lab set up in the month of April to develop technologies for its gaming, social media, content as well as the cloud businesses. The teams are at the same time expected to work together with AI researchers in Tencent’s product groups as was stated by the Chinese internet firm.
At the moment, artificial intelligence is increasing the market dynamics a huge deal and that is a healthy one since the main beneficiaries are the users who get to enjoy using top quality products. Most of the giant tech companies around the globe are poaching top talents to increase their competitive edge.
Truth be told, it dealt the NASDAQ Stock quite a huge blow when its top scientist resigned. It was not the only affected party because most of the Chinese giant tech companies failed to compete favorably with those in the United States. Anyway that was a lesson well leant and top talent at all times needs to be appreciated because it is usually a great building block towards the success of any company or organization.
Most of the Chinese companies are quite lacking in terms of having top AI talent. The available talents are not quite original and that poses a major challenge when it comes to the production of first class work which as a matter of fact requires guidance from high-level talent.
The most awaited money-making opportunities in tech include the drive less cars, preventive healthcare, and the industrial robots.