Chinese AI company 4Paradigm leads country's machine learning market ahead of planned IPO – China Money Network WaYs-2-rOcK


Source: ways2rock.com ways2rock.com

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Beijing-headquartered artificial intelligence company the 4Paradigm Technology Co., Ltd. has the largest market share of China’s machine learning market, according to a recent report by international market data firm IDC. The company, founded in 2014 and counts CATL, PetroChina, Industrial and Commercial Bank of China as its clients, submitted a prospectus to the Hong Kong Stock Exchange last August for a planned listing on the Hong Kong Main Board. During the first half of 2021, 4Paradigm took the biggest market share in the Chinese machine learning market for the fourth consecutive year, according to the IDC report. The company’s enterprise-class...