China Mobile Sets Up AI and Big Data Company with RMB 100 Million Capital
China Mobile Communications Co. , Ltd. has indirectly established a wholly owned subsidiary, Zhongyi Changsanjiang (Wuhu) Zhisuan Technology Co. , with Li Kunzi as its legal representative and registered capital of RMB 100 million. The company's business scope includes AI application software development, mobile communication equipment sales, IoT device sales, internet security services, and big data services.
Why this event matters
The event has a measured impact on 3 industrys. The strongest current signal is positive for Artificial Intelligence, with intensity 40/100 and 60% confidence over a short term horizon.
Technology · 10.4
Artificial Intelligence
- Direction
- positive
- Intensity
- 40
- Confidence
- 60%
- Horizon
- Short term
Cloud Services & Data Centres
- Direction
- positive
- Intensity
- 35
- Confidence
- 55%
- Horizon
- Short term
Internet of Things
- Direction
- positive
- Intensity
- 30
- Confidence
- 55%
- Horizon
- Short term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.