ARB teams up with Chinese firm to explore opportunities in AI facial recognition - MIDA | Malaysian Investment Development Authority
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ARB teams up with Chinese firm to explore opportunities in AI facial recognition

ARB teams up with Chinese firm to explore opportunities in AI facial recognition

18 May 2020

ARB Bhd entered into a partnership deal with Beijing Kuangshi Technology Cl Ltd (MegVii) today to explore business opportunities in artificial intelligence (AI) facial recognition application and relevant algorithm technology in the Internet of things (IoT) field in Malaysia.

“Amid the ongoing global pandemic crisis, Covid-19, the parties are planning their first collaboration in intelligent body temperature detection and analysis system named as ‘MegVii Ming Ji’ in Malaysia,” said ARB.

“MegVii Ming Ji is based on face detection technology and dual sensing via infrared cameras and visible light powered by MegVii’s deep learning AI platform Brain++.

“MegVii is capable of swiftly identifying individuals with elevated body temperature and locating them in the crowd using available body and facial information,” the group said in a filing with Bursa Malaysia.

MegVii is a Chinese AI technology company based in Beijing that is principally involved in technology development of software as a service and city IoT businesses.

Its clients include companies such as Alibaba Group Holding Ltd, Ant Small and Micro Financial Services Group Co Ltd and Huawei Technologies Co Ltd.

ARB said the MegVii Ming Ji model is suitable for use in locations with high foot traffic such as airports, train stations, shopping malls and hospitals, and can measure the body temperature of up to 15 people per second. It can accurately detect human body temperature at a distance greater than 3m.

ARB said the collaboration plan in AI to deploy MegVii Ming Ji in Malaysia can effectively assist in curbing the spread of Covid-19 while enabling ARB to tap into MegVii’s technological know-how in AI, image recognition and deep learning.

“This collaboration marks the first step for ARB towards creating more synergistic business opportunities with MegVii in the technology field whereby it will provide both parties with opportunities to explore and tap into respective parties’ strengths in the technology industry,” the group added.

Source: The Edge Markets

Posted on : 18 May 2020
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