NVIDIA: How to Triumph in China’s Frenetic Startup Scene
OREANDA-NEWS. February 03, 2016. China may be the world’s largest startup incubator. Seven new companies are born every minute — or 10,000 a day — helped by a government campaign to support new businesses.
That’s why we’re focusing on the world’s second-largest economy at our Emerging Companies Summit on April 6, in Silicon Valley.
The Summit, part of our annual GPU Technology Conference, will include more than 50 startups from around the world, all using GPUs for their work in VR, autonomous driving, AI and other fields.
A highlight of the Summit — China in Focus — will feature three of China’s most promising startups. There will also be a panel of experts in venture capital and banking with advice on how to manage the complexities of doing business in China. Among recent changes: the government is cutting taxes and fees for startups and pledging to lower barriers to starting a business. It also said it will launch a \\$6.5 billion venture fund.
The three startups, which use GPUs in their work, will demo their technologies and discuss their strategies. They include:
- ANTVR is a Beijing-based started focused on virtual reality. It created an open source VR gaming set that works across mainstream gaming platforms. It is now collaborating with Lenovo, among other companies, and plans to launch a new version of its VR head-mounted device in mid-2016.
- SenseTime focuses on computer vision and artificial intelligence powered by deep learning. The Hong Kong-based company creates software development kits and application programming interfaces that enable computers to recognize faces and objects, and to understand the world. Its customers use its technologies for surveillance, traffic control and self-driving cars.
- Yuanqu Tech is a Shanghai-based startup building artificial intelligence robots to serve as educational companions for children. It’s focused on state-of-the-art speech and natural language technologies, especially those related to human-machine interaction.
China Startup? Advice on Taking the Leap
Startups eyeing China will get tips on strategic considerations from a panel of experts in the second half of the China in Focus session. They’ll also gain insight on topics like how China manages its currency and Chinese IP law.
Research firm IDC will kick off with a look at opportunities in the Chinese market, followed by a banker, an attorney and a VC, all with expertise in China. Jeff Herbst, NVIDIA’s vice president of business development, will moderate. Here’s more about some of the speakers:
- Kitty Fok is IDC China’s managing director. She leads a team of more than 50 analysts for the Greater China region. Fok’s expertise includes the IT market with a focus on emerging markets and the Chinese government agenda.
- John Kinzer is a managing director of Silicon Valley Bank’s Asia Link team. Kinzer and his team work with technology and life sciences companies and investors in China, greater Asia and North America.
- James Lu is a partner in the Cooley business department and practices out of its Shanghai office. He focuses on corporate and securities transactions including foreign direct investment, venture capital financing, private equity investments, acquisitions and public offerings.
The Emerging Companies Summit, which takes place April 6 in Silicon Valley, has a long track record of helping promising companies win wide recognition. Register now, and save \\$120 before April 2.
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