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    cloud investing

    Alibaba's Cloud Computing Arm Creating “China’s First AI Platform”

    Teresa Matich
    Aug. 26, 2015 01:27PM PST
    Cloud Investing

    City A.M. reported that Alibaba’s (NYSE:BABA) cloud computing arm, Aliyun, is looking to create China’s first artificial intelligence platform.

    City A.M. reported that Alibaba’s (NYSE:BABA) cloud computing arm, Aliyun, is looking to create China’s first artificial intelligence platform.
    As quoted in the publication:

    The artificial intelligence platform will combine algorithms with deep learning techniques, and will be used to predict industry trends and user behaviour.
    Alibaba faces stiff competition from other tech giants’ cloud computing services, though, as Amazon Web Services, also expanding rapidly, just launched an AI platform of its own in April.

    Click here for the full article.

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