Google Inc. (NASDAQ:GOOGL) Boost Up Artificial Intelligence Efforts; It Will Takes A Minority Stake …

Google Inc. (NASDAQ:GOOGL) [Detail Analytic Report] moved down in early session on Tuesday it will takes a minority stake in Mobvoi, an artificial intelligence developer, since mostly quitting the nation in 2010 over censorship issues. Google used Mobvoi instead of its own blocked service in the Moto 360 smartwatch launched in China in June. The transaction highlights how Google may be edging back into the largest mobile market of the world with its first strategic investment in years. Mobvoi previously collaborated with Google to deliver Chinese-language voice search for the latter’s Android Wear smartwatch operating system. Li Zhifei, co-founder of Mobvoi and former Google employee stated that Mobvoi is very excited to welcome Google as an investor as both firms share a long-standing view on technologies, without disclosing the amount…


Link to Full Article: Google Inc. (NASDAQ:GOOGL) Boost Up Artificial Intelligence Efforts; It Will Takes A Minority Stake …