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 release.
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About Remark Holdings, Inc.
Remark Holdings, Inc. (NASDAQ: MARK) primarily focuses on the development and deployment of artificial-intelligence-based solutions for businesses and software developers in many industries. Additionally, the company owns and operates digital media properties that deliver relevant, dynamic content. The company is headquartered in Las Vegas, Nevada, with additional operations in Los Angeles, California and in Beijing, Shanghai, Chengdu and Hangzhou, China. For more information, please visit the company’s website at www.remarkholdings.com.
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