A lab covering both artificial intelligence and the Internet of Things, founded by Microsoft Corp and Zhang Jiang Group, began trial operation recently in Shanghai Pudong New Area.
The lab is the first that Microsoft opened in the Asia-Pacific region. Covering an area of 2,800 square meters, it’s also the largest one in the world. The lab offers full support to innovative enterprises, providing them resources in manufacturing, retail, medical, financial, urban construction and other applications.
30 domestic and overseas global companies and startups have joined in the lab. They were chosen from 300 applicants. According to a survey, Global IoT businesses are expect to exceed 255 billion US in 2022, and China will take nearly a quarter of it. It will be a large potential market.
It is another step forward for Shanghai’s AI industry, which plans to become in international AI leader. Pudong New Area has become a haven for r&d headquarters of multinational companies.
Source: Shanghai Observer