Economics
Dell Expands in China With Venture Group, Creates AI Lab
- Forms technology partnership with Chinese Academy of Sciences
- Company to spend more than $125 billion over five years
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Dell Inc. is expanding in China by linking up with the Chinese Academy of Sciences to create an artificial intelligence lab, joining with local companies for technology development and allowing its venture capital firm to operate in the country.
Dell will create the lab with the scientific institute to develop advanced technology relating to cognitive systems and deep learning, the Round Rock, Texas-based company said Thursday in a statement. The maker of personal computers, software and data-center equipment has also signed a strategic partnership agreement with Kingsoft Corp. of Beijing to co-develop and sell products relating to big data and cloud computing.