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CryptoNewsBreaks – Remark Media (NASDAQ: MARK), Alibaba Team Up to Introduce AI-based Tech to Chinese Market

Company: Remark Media, Inc. (MARK)
Category: Stock Spotlights

Remark Media (NASDAQ: MARK) was recently selected to provide its artificial intelligence (AI) technologies to the developer network of Alibaba Cloud, the cloud computing segment of Alibaba Group (NYSE: BABA). The partnership will consist of Remark providing its advanced facial recognition and image classification services, leveraging its proprietary KanKan Data Intelligence Platform, to Alibaba Cloud’s “AI-based Robotic Vision Ecosystem Union.” Remark will also provide its turnkey AI platform as a service to companies or individuals requiring assistance with integrating the technology into their own models. “We are excited to expand our relationship with Alibaba Group by becoming a close technology partner with Alibaba Cloud. Utilizing our KanKan Data Intelligence Platform, we have developed AI-based technologies that provide developers and Alibaba Cloud customers with a highly disruptive solution to removing many bottlenecks associated with data modeling and automated image classification within the cloud computing environment. We are proud to be working with Alibaba Cloud to make AI technologies more widely available,” Remark’s chairman and CEO, Kai-Shing Tao, stated in the news release.

To view the full press release, visit: http://nnw.fm/1ghDg

About Remark Media, Inc.

Remark Media, Inc. (NASDAQ: MARK) owns, operates and acquires innovative digital media properties across multiple verticals that deliver culturally relevant, dynamic content that attracts and engages users on a global scale.  The company leverages its unique digital media assets to target the Millennial demographic, which provides it with access to fast-growing, lucrative markets.  The company is headquartered in Las Vegas, Nevada, with additional operations in Los Angeles, California and in Beijing, Shanghai, Hangzhou and Chengdu, China. For more information, please visit the company’s website at www.remarkmedia.com.

About NetworkNewsBreak

NetworkNewsBreak (NNB) provides a rapid summary of corporate news that caught the attention of CryptoCurrencyWire (CCW). NNB keeps you up-to-date on active US Public Companies complementary to CCW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, CCW is uniquely positioned to best serve private and public companies who need to reach a wide audience of investors, consumers, journalists and the general public. CCW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information converge.

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