Microsoft Shutters AI Lab in Shanghai, Signalling a Broader Pullback From China (scmp.com) 9
An anonymous reader shares a report: Microsoft has closed its IoT & AI Insider Lab in Shanghai's Zhangjiang hi-tech zone, marking the latest sign of the US tech giant's retreat from China amid rising geopolitical tensions.
The Shanghai lab, meant to help with domestic development of the Internet of Things (IoT) and artificial intelligence (AI) technologies, closed earlier this year, according to people who work in the Zhangjiang AI Island area. Opened in May 2019, Microsoft's IoT & AI Insider Lab was touted as a flagship collaboration between the global tech giant and Zhangjiang, the innovation hub of Shanghai's Pudong district, where numerous domestic and international semiconductor and AI companies have set up shop. The lab covered roughly 2,800 square meters (30,000 square feet).
The Shanghai lab, meant to help with domestic development of the Internet of Things (IoT) and artificial intelligence (AI) technologies, closed earlier this year, according to people who work in the Zhangjiang AI Island area. Opened in May 2019, Microsoft's IoT & AI Insider Lab was touted as a flagship collaboration between the global tech giant and Zhangjiang, the innovation hub of Shanghai's Pudong district, where numerous domestic and international semiconductor and AI companies have set up shop. The lab covered roughly 2,800 square meters (30,000 square feet).
Not news... (Score:3)
Microsoft has been retreating from China for 20 years.
Re: (Score:1)
Re: Not news... (Score:1)
That's bollocks. Microsoft was making a pretty penny in China, mainly due to them not enforcing their copyright/etc decades ago and letting everyone get used to Windows and Office. As time progressed, the revenue stream flowed freely.
Now, of course, the USA government have made it clear that China cannot rely on anything from the USA and so China has switched away from Microsoft products and their sweet revenue is fading. It's still used by consumers, but even they will be gradually switching away. The USA
Re: (Score:1)
Have you ever actually been to China? Have you seen how Chinese "customers" consume MSFT products? I suspect not. That market never existed.
Sad (Score:3)
I really wish the headline had read "Microsoft Shutters AI Lab in Shanghai, Signalling a Broader Pullback From AI".
How long is this crap going to last anyway?
Re: (Score:3)
I really wish the headline had read "Microsoft Shutters AI Lab in Shanghai, Signalling a Broader Pullback From AI".
How long is this crap going to last anyway?
The answer is, "forever." There will be no pullback from AI everything. It will continue to get shoved into every niche it can be until it either works, or causes such a blunder that it plunges us back into the dark ages. And the people with the money are betting it's the former so forcefully, that it'll take the entire economy and a large chunk of the rest of us with it if it ends up being the latter.
Embrace our AI future. It's coming whether we want it or not.
Re: (Score:3)
One word --> "Bitcoin"