Foreign media: Ali is negotiating 1.5 billion investment Tang Technology | into its largest shareholder

Shang Tang technology valued more than 2 billion US dollars, Qualcomm and other supporters.Sutel technology announced in July this year, completed 410 million U.S. dollars round B financing, was also set a global artificial intelligence industry, the highest single-round financing record.

Foreign media said Shang Soup Technology and Ali said in an e-mail without comment.

In addition, Tang Xiaogu, founder of Shang Tang Technology, said in an interview this month that the company plans to conduct an initial public offering.

According to the official website, Shang Tang Technology has established cooperation with many strategic partners and customers and empowered AI in various industries including face recognition, image recognition, video analysis, driverless and medical image recognition. The company has now served more than 400 customers, including China Mobile, UnionPay, Huawei, millet and so on.