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Megvii is to promote responsible AI development

2019-07-08

(BEIJING, July 8, 2019) – Today, Megvii Technology Limited released the Core Principles of its AI Practice, developed based on the company's own management standards. The Principles aim to guide the responsible development of AI technologies, and ensure AI innovation will bring positive impact to society. 

 

We view the following as the core principles of our AI practice:

 

Integrity. Technology is a force for good. We are committed to be a responsible corporate

citizen, to abide by applicable laws and generally-accepted ethical principles and to

increase the wellness of the society. Furthermore, we do not weaponize our technologies.

 

Human Oversight. AI should not trample on human autonomy. Human beings should be

able to oversee the development of the AI technologies as well as the decisions made by

AI systems and to intervene if necessary.

 

Technical Robustness and Security. AI solutions should enable accurate and efficient

decision makings and in the meantime be sufficiently secure and resilient to external

attacks. AI solutions should be tested extensively, used carefully and monitored

rigorously.

 

Fairness and Diversity. Developers of AI technologies should minimize systematic biases

of the AI solutions, which may result from pre-existing biases embedded in data and

algorithms used to develop solutions. AI solutions should be available to all, regardless of

age, gender, race, or other characteristics.

 

Accountability. AI solutions should be auditable. Errors, flaws, bias or other negative

impact of AI solutions, once identified, should be acknowledged and addressed promptly

and affirmatively.

 

Data and Privacy Protection. When developing and using AI solutions, personal

information of the end users shall be strictly protected, and the relevant data shall be

securely stored.

 

Megvii is a pioneer in the commercialization of AI. From deploying facial recognition for device authentication to developing smart city solutions, Megvii’s products and full-stack solutions, integrating hardware, software and algorithms, have been widely used and endorsed by customers across a variety of industries. As one of the world’s foremost AI companies, Megvii is committed to leading the industry in the sustainable and responsible development of AI.

 

Megvii hopes the Principles can serve as a valuable reference for the AI industry, ensuring that all segments of society use technology in an ethical manner and towards positive outcomes.


About Megvii Technology Limited

 

Megvii is a world-class AI company with core competencies in deep learning. Founded in Beijing in 2011 by Yin Qi, Tang Wenbin and Yang Mu, three Tsinghua University graduates who studied under the Turing-prize winning Chinese computer scientist and computational theorist Andrew Chi-Chih Yao, Megvii is a pioneer in applying AI technology and computer vision algorithms to Internet of Things (IoT) use cases. The Company’s mission is to power humanity with AI. 

 

Megvii’s first commercialized AI product was a facial recognition solution. The Company has developed its proprietary deep learning framework Brain++, which functions as a unified underlying architecture and provides critical support tailored for the Company’s algorithm training and model improvement processes. 

 

Leveraging its strong software-hardware integration capabilities, Megvii offers full stack solutions to its customers, and has achieved leading positions in several key vertical markets, including personal IoT, city IoT and supply chain IoT. Megvii is building an AI infrastructure to connect and empower various IoT devices, to solve real life problems and pain points encountered by customers in sectors including fintech, transportation, logistics and others. Megvii is dedicated to helping customers achieve specific goals such as user authentication and fraud reduction, traffic optimization, and labor efficiency gains. 

 

Headquartered in Beijing with over 2,000 employees, Megvii maintains four research and development centers in China.

 

 

For press queries, please contact:

  Megvii Technology Limited
  Xie Yinan / Yang Xiaolan
 
 media@megvii.com

  +86-186-0067-8861 / +86-139-1027-0953

Brunswick Group
Yan Jiang / Amy Wang
megvii@brunswickgroup.com

+852 9628-5168/ +86-132-6958-5046


Megvii is to promote responsible AI development
2019-07-08

(BEIJING, July 8, 2019) – Today, Megvii Technology Limited released the Core Principles of its AI Practice, developed based on the company's own management standards. The Principles aim to guide the responsible development of AI technologies, and ensure AI innovation will bring positive impact to society. 

 

We view the following as the core principles of our AI practice:

 

Integrity. Technology is a force for good. We are committed to be a responsible corporate

citizen, to abide by applicable laws and generally-accepted ethical principles and to

increase the wellness of the society. Furthermore, we do not weaponize our technologies.

 

Human Oversight. AI should not trample on human autonomy. Human beings should be

able to oversee the development of the AI technologies as well as the decisions made by

AI systems and to intervene if necessary.

 

Technical Robustness and Security. AI solutions should enable accurate and efficient

decision makings and in the meantime be sufficiently secure and resilient to external

attacks. AI solutions should be tested extensively, used carefully and monitored

rigorously.

 

Fairness and Diversity. Developers of AI technologies should minimize systematic biases

of the AI solutions, which may result from pre-existing biases embedded in data and

algorithms used to develop solutions. AI solutions should be available to all, regardless of

age, gender, race, or other characteristics.

 

Accountability. AI solutions should be auditable. Errors, flaws, bias or other negative

impact of AI solutions, once identified, should be acknowledged and addressed promptly

and affirmatively.

 

Data and Privacy Protection. When developing and using AI solutions, personal

information of the end users shall be strictly protected, and the relevant data shall be

securely stored.

 

Megvii is a pioneer in the commercialization of AI. From deploying facial recognition for device authentication to developing smart city solutions, Megvii’s products and full-stack solutions, integrating hardware, software and algorithms, have been widely used and endorsed by customers across a variety of industries. As one of the world’s foremost AI companies, Megvii is committed to leading the industry in the sustainable and responsible development of AI.

 

Megvii hopes the Principles can serve as a valuable reference for the AI industry, ensuring that all segments of society use technology in an ethical manner and towards positive outcomes.


About Megvii Technology Limited

 

Megvii is a world-class AI company with core competencies in deep learning. Founded in Beijing in 2011 by Yin Qi, Tang Wenbin and Yang Mu, three Tsinghua University graduates who studied under the Turing-prize winning Chinese computer scientist and computational theorist Andrew Chi-Chih Yao, Megvii is a pioneer in applying AI technology and computer vision algorithms to Internet of Things (IoT) use cases. The Company’s mission is to power humanity with AI. 

 

Megvii’s first commercialized AI product was a facial recognition solution. The Company has developed its proprietary deep learning framework Brain++, which functions as a unified underlying architecture and provides critical support tailored for the Company’s algorithm training and model improvement processes. 

 

Leveraging its strong software-hardware integration capabilities, Megvii offers full stack solutions to its customers, and has achieved leading positions in several key vertical markets, including personal IoT, city IoT and supply chain IoT. Megvii is building an AI infrastructure to connect and empower various IoT devices, to solve real life problems and pain points encountered by customers in sectors including fintech, transportation, logistics and others. Megvii is dedicated to helping customers achieve specific goals such as user authentication and fraud reduction, traffic optimization, and labor efficiency gains. 

 

Headquartered in Beijing with over 2,000 employees, Megvii maintains four research and development centers in China.

 

 

For press queries, please contact:

  Megvii Technology Limited
  Xie Yinan / Yang Xiaolan
 
 media@megvii.com

  +86-186-0067-8861 / +86-139-1027-0953

Brunswick Group
Yan Jiang / Amy Wang
megvii@brunswickgroup.com

+852 9628-5168/ +86-132-6958-5046


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