In a nondescript office tower a mile from the Las Vegas Strip, two women toil in a windowless room crammed with bikinis in every size, style, and hue. It’s the stockroom of Bikini.com, an online swimwear store. Down the hall, colleagues are working to break into China’s red-hot market for surveillance software powered by artificial intelligence. Bikini.com is owned by Remark Holdings, a small public company with Hollywood producer Brett Ratner on its board and financial ties to TV’s Dr. Mehmet Oz. Remark’s leaders are trying to transform the unprofitable, debt-loaded website operator into a provider of corporate AI technology in Asia, particularly China. Remark’s business and share price are struggling, but its peculiar AI project has made some progress. In March, Remark said it had signed a deal with a Thai conglomerate that operates more than 10,000 7-Eleven stores in Thailand, among many other businesses. Charoen Pokphand Group hopes to recognize the faces of customers for loyalty programs, and of shoplifters for security purposes, according to Athikom Asvanund, an executive who advises CP Group’s chairman, Soopakij Chearavanont. In a statement, Chearavanont says Remark’s technology could also help Chinese insurance giant Ping-An, in which CP owns a stake, with tasks… Read full this story
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