Dell to Invest 5 billion in China, Partners with Several Local Companies

(Photo : Ralph Orlowski | Getty Images News) Like Us on Facebook Follow @franchiseherald Dell, Inc. will be investing $125 billion in China over the next five years, as the company continues to expand its business in the second largest economy in the world, according to a report from Bloomberg. The third largest computer maker will partner with local companies for technology development and allows its venture capital firm to operate in the country. Dell said in a statement that they are partnering with the Chinese Academy of Sciences to create an artificial intelligence lab, according to Bloomberg. The lab will be used to develop advanced technology relating to cognitive systems and deep learning. In addition, Dell has also signed a strategic partnership agreement with Kingsoft Corp. of Beijing, Bloomberg…


Link to Full Article: Dell to Invest 5 billion in China, Partners with Several Local Companies