Mellanox (MLNX), JD.com (JD) Enter AI Development Joint Venture

Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here. Mellanox Technologies, Ltd. (Nasdaq: MLNX) and JD.com, Inc. (Nasdaq: JD) announced that they have concluded a cooperative agreement involving the establishment of the JD.com-Mellanox Joint Innovation Lab, designed to drive technology innovation. Based on the agreement, both parties will work together on new technology innovation, enhanced user experience and developing a new e-commerce platform for enterprise-level products. Together, the companies are dedicated to driving the next generation of e-commerce artificial intelligence solutions, and conducting associated research and development for high-speed interconnect products. A key technology that JD.com has developed is JD Camera+, an application for image recognition and similar image search in mobile terminals. JD Camera+ facilitates ease-of-shopping for users by allowing customers to quickly and easily…


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