China's iCarbonX buys Israel's Imagu to boost AI capabilities
China's iCarbonX has acquired Israel-based AI company Imagu and established an AI research centre - iCarbonX-Israel - in Tel Aviv. Imagu's image understanding technology will add to iCarbonX capabilities to predict future trends and offer personalised health-improving services based on genetic, molecular profile, phenotype and behaviour data from large groups of individuals.

AsianScientist (Sep. 22, 2016) – China-based digital life company iCarbonX has recently acquired Imagu Vision Technologies, a privately-held Israeli image understanding and artificial intelligence (AI) company.

iCarbonX, which was co-founded in 2015 by Wang Jun, Wu Chun, Li Yingrui and Li Hao, is a developer of data collection, biotechnology and artificial intelligence platform of life-time data from millions of individuals. Aside from the acquisition of Imagu Vision Technologies, iCarbonX has established iCarbonX-Israel, its AI research center in Tel Aviv.

Meanhile, Tel Aviv-based Imagu Vision Technologies has developed image understanding technologies applied to various industries, such as healthcare, medical imaging, semiconductors, homeland security, and e-commerce. Imagu’s technology enables object recognition in multiple domains by combining knowledge from different worlds of content to solve complex object detection challenges.

Based on genetics, molecular profile, phenotype and behavior data from a large number of individuals, iCarbonX research and development alliances are designed to build a digitized human model to understand individuals’ lives, predict future trends and infer suitable health-improving actions in a personalized and quantitative way.



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Source: iCarbonX.

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