Beijing-based AI big data service provider 4Paradigm Technology has reportedly made an equity investment in Beijing-based Jiqi Zhixin Technology, operator of artificial intelligence and technology news media platform Synced ("Jiqi Zhixin" or, literally, "Mind of the Machine"). 4Paradigm will provide strong technical support and help Jiqi Zhixin create an all new content product.
The two companies will partner closely in the future to provide services to AI developers, technical personnel and industry, and produce more technical AI content.
4Paradigm is a big data technology firm that applies machine learning, AI, and big data technology in the fields of finance and telecommunications.
Synced is a tech news media outlet focused on the AI industry and is available through its website and official account on Tencent's (0700.HK) WeChat mobile messaging app. Some content is educational in nature and targeted at AI enthusiasts. The company also provides industry services, such as investment matching, talent recruitment, and international partnership support.
Editor's Note: Chinese IT industry investment information portal IT Juzi reports this newest round of funding as a RMB 7-digit strategic investment. For more information on this topic, please see "'Today's Headlines' Leads Funding in AI and Tech News Platform Jiqi Zhixin," MD 2/22/17 issue.