CyberLink announces facial recognition revenues and AI subject ID competition results
CyberLink has announced its results, both in terms of revenues from its biometric facial recognition and other artificial intelligence products, and a beauty competition for algorithms.
The second global “AI Meets Beauty Challenge,” co-hosted by CyberLink with Perfect Corp. and National Chiao Tung University (Taiwan), with the organizers providing a dataset of more than half a million images of beauty and personal care products and challenging participants to develop an algorithm to correctly identify each product. CyberLink and Perfect Corp. are established business partners.
The winner from among the 55 submissions was a team from the University of Science and Technology of China (USTC), which developed a Generalized-attention Regional Maximal Activation of Convolutions (GRMAC) descriptor. The GRMAC reduces background noise and highlights the image to enhance its identification, according to the company announcement.
“CyberLink has long been a pioneer in AI technology, and the company’s FaceMe AI facial recognition engine has ranked among the world’s most precise solutions in the Face Recognition Vendor Test (FRVT) conducted by the U.S. National Institute of Standards and Technology (NIST),” comments CyberLink CEO Dr. Jau Huang. “In addition to facial recognition, AI subject identification is an important technology for smart retail and a key focus for our company. This competition contributes to CyberLink’s search for global AI talent and partners to develop future smart retail solutions.”
The FaceMe algorithm finished behind only 11 other participants in the Wild 1E-4 category of the July 3 NIST FRVT results.
The company’s revenues for the first nine months of 2019 were NT$1,053.2 million (US$34.6 million), while after-tax income increased 15.8 percent year-over-year to NT$287.8 million ($9.5 million). Basic earnings per share (EPS) after tax leapt to NT$3.44 ($0.11), 17.4 percent higher than a year earlier.