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Tus-Financial Group and Chinese Academy of Sciences set up a "Tus Joint Laboratory for Artificial Intelligence Chips and Systems"

"Tus Joint Laboratory for Artificial Intelligence Chips and Systems" established

On December 18, the unveiling ceremony of "Tus Joint Laboratory for Artificial Intelligence Chips and Systems” co-founded by Tus-Financial Group and Suzhou Institute of Nano-tech and Nano-bionics (SINANO) , Chinese Academy of Sciences, was successfully held. Ma Chi Kong, member of the Board of Directors of Tus-Holdings Co., Ltd. and Chairman of Tus-Financial Group, Hu Bo, Executive Director of Tus-Financial Group and Vice President of Tus-Holdings Co., Ltd., Zhu Ming, Managing Director of Tus-Financial Group, Yang Hui, Director of Suzhou Institute of Nano-tech and Nano-bionics (SINANO), Chinese Academy of Sciences, Chen Guang, Deputy Secretary of Suzhou Institute of Nano-tech and Nano-bionics (SINANO), Chinese Academy of Sciences, Wang Xuguang, Director of the AI-LAB of Suzhou Institute of Nano-tech and Nano-bionics (SINANO), Chinese Academy of Sciences, Ding Lixin, Member of Party Working Committee of Suzhou Industrial Park and Deputy Director of the Administrative Committee attended the ceremony.

Chinese Academy of Sciences and Suzhou Industrial Park cooperated to build Suzhou Institute of Nano-tech and Nano-bionics (SINANO), Chinese Academy of Sciences, in 2006. SINANO has accumulated advanced artificial intelligence algorithms, chips and devices rare in China. Its patent transformation and industrial operation results ranked among the top 10 in Chinese Academy of Sciences, and has won many important awards in related fields worldwide. "TUS Joint Laboratory for Artificial Intelligence Chips and Systems” co-founded by Tus-Financial Group and Suzhou Institute of Nano-tech and Nano-bionics (SINANO) , Chinese Academy of Sciences, will clearly focus on the development and industrialization of core technologies related to artificial intelligence.

In his speech, Ma Chi Kong elaborated on the relevant policies in the field of artificial intelligence, future development, and the current industry layout of Tus-Financial Group. He stated that the joint laboratory would exert their respective advantages to develop artificial intelligence core technologies and cultivate technical and industrial talents, promote the industrialization of artificial intelligence technology, and incubate AI high-tech companies as the main task. Under the support of the perfect investment and financing system of Tus-Financial Group and full-license service system of Hong Kong SFC, we would actively promote cooperation between industry, universities and research institutes, and provide better comprehensive financial support for quality AI companies and technologies to drive the development of local economies and technology to generate rich economic and social benefits.

Yang Hui, Director of Suzhou Institute of Nano-tech and Nano-bionics (SINANO), Chinese Academy of Sciences, said that the establishment of the joint laboratory would deeply participate in the innovation-driven development strategy and promote collaborative innovation among industry, universities, and research institutes. It would further achieve the overall goal of Tus-Financial Group to become a leader in S & T service industry in China as well as setting the global paradigm. At the same time, relying on the advantages of Suzhou Industrial Park's scientific and technological innovation, it would boost the industrial transformation and upgrading of Suzhou Industrial Park, improve the overall development level of artificial intelligence and related industries in Suzhou area, and bring new opportunities for the economic and social development of Suzhou area.

Hu Bo, Executive Director of Tus-Financial Group and Vice President of Tus-Holdings Co., Ltd., elaborated on the development of TusPark in the field of artificial intelligence, including the development of Tus-AI Industrial Park, Tus-Intelligent Manufacturing Industrial Park, and Tus-Fashion Technology Industrial Park as well as the cooperation with Suzhou Industrial Park. Hu Bo expressed the hope that through the further integration of the two sides' funds and technology, the company would explore a new model of integrated financial services for technological innovation and promote the long-term development of AI industry.

Ding Lixin, Member of Party Working Committee of Suzhou Industrial Park and Deputy Director of the Administrative Committee, said in his speech that Suzhou Institute of Nano-tech and Nano-bionics (SINANO), Chinese Academy of Sciences, as the only national-level scientific research institution in Suzhou Industrial Park, had international leading artificial intelligence algorithms, and had top-level accumulation in chips and devices nationwide. It also ranked at the forefront of Top 100 research institutes of Chinese Academy of Sciences in the field of industrial transformation. The cooperation between Tus-Financial Group and Suzhou Institute of Nano-tech and Nano-bionics (SINANO), Chinese Academy of Sciences, could give full play to their complementary advantages in production, R&D, and help Suzhou Industrial Park to promote the development and application of AI core technologies, promote the park to become a top-notch and world-class highland for AI industrial agglomeration.

The Phase I R & D funding of Tus Joint Laboratory for Artificial Intelligence Chips and Systems was provided by Tus-Financial Group with 10 million yuan, for the initial conversion from laboratory to industrialization of intelligent sensing, acceleration, and algorithm of core chips technology of Suzhou Institute of Nano-tech and Nano-bionics (SINANO), Chinese Academy of Sciences. At the same time, Tus-Financial Group organized the establishment of an “AI Conversion Fund” no less than RMB 250 million for the industrialization of related achievements. Tus-Financial Group and Suzhou Institute of Nano-tech and Nano-bionics (SINANO), Chinese Academy of Sciences, would jointly prepare for updating Nano AI Platform to intermediate test production line, and hoped to become a accelerator platform for the mass production of AI-related chips.

Dr. Wang Xuguang, Director of the AI-LAB of Suzhou Institute of Nano-tech and Nano-bionics (SINANO), Chinese Academy of Sciences, will serve as the director of the joint laboratory, responsible for the scientific research and coordination of systems, chips, and algorithms. Zhu Ming, Managing Director of Tus-Financial Group, will be responsible for industrial transformation and the cooperation with local governments to raise related industrial funds.

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