CryptoNewsBreaks – Remark Holdings, Inc. (NASDAQ: MARK) Obtains Multimillion-Dollar AI Contract to Fight Intellectual-Property Piracy in China
Remark Holdings, Inc. (NASDAQ: MARK) this morning said that its KanKan subsidiary has been awarded a multimillion-dollar contract to help fight intellectual-property piracy in China by Sefon, a Big Data services company. KanKan will monitor content streamed via the internet and identify instances of intellectual-property piracy using its crawler network and artificial-intelligence-based object-recognition software. "This new contract shows the breadth of our AI platform's capabilities. By having the superior data to back our AI models, we are able to build new products quickly and successfully in many different industries," Remark Holdings chairman and CEO Kai-Shing Tao stated in the news…





