Chinese Online Streaming Service iQiyi Says AI Has Enhanced Efficiency Throughout Its Business
Wang Xuepu, vp of Chinese on-line video streaming corporate iQiyi, says that synthetic intelligence has enhanced the corporate’s potency in all facets of the industry. From a file: “Now we can cut thousands of hours of work to just hours,” Wang stated in Mandarin at CNBC’s East Tech West convention within the Nansha district of Guangzhou, China. He stated that the corporate is the usage of AI throughout its industry like including subtitles or integrating multimedia extra briefly. Wang added AI has higher potency within the corporate’s operations in some ways, together with content material advent, approval processes and marketplace distribution. “iQiyi embodies the culture of Silicon Valley and culture of Hollywood. We really put an emphasis on technology development. More than half of our employees work in the technical side. We have invested in AI significantly. More than 60% of our patent submissions this year were related AI,” stated Wang. Wang stated, as an example, iQiyi has been in a position to are expecting the recognition of movies and TV displays ahead of taking them on-line via the usage of large knowledge. “We can use AI to help forecast film and TV series’ viewer numbers before they are aired. With the data, we can predict the traffic and for TV series and that accuracy rate is 88%, with films we can reach near 90% accuracy,” he stated, in line with a CNBC translation.