Tencent Partakes In Fundraising for “Intel Of Artificial Intelligence Data”

Tencent Holdings Ltd ADR (OTCMKTS:TCEHY) has become the lead investor in a fundraising drive for Diffbot ─ US-based artificial intelligence (AI) company ─ as it looks to contribute to the establishment of world’s largest knowledge database. The Chinese e-commerce giant has participated in a $10 million fundraising drive for Diffbot according to a press release by the AI Company on Friday. Other prominent investors include Felicis Ventures, Amplify Ventures, Valor Capital, and Andy Bechtolsheim who is the co-founder of Sun Microsystems. The company announced its plans to synthesize a database of knowledge called the Global Index, which would work with the help of AI and a combination of deep learning, computer vision, and natural language processing. A peculiar feature of such a system is that it eliminates any chances of…


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