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GTCOM secures RMB334 million in Series C funding to accelerate optimization of the Pre-IPO industrial layout

公司新闻 来源:中译语通日期:2017-12-29浏览次数:82

Global Tone Communication Technology Co., Ltd. (GTCOM), on December 28, 2017, officially announced the completion of Series C equity funding worth RMB334 million. Six fund companies, including Sichuan Culture Industry Fund, Zhuhai Industrial Holding General Equity Funds, Shenzhen TopoScend Capital Phase I Fund, E-House Capital China Fund, and Tongfang Yiheng Investment Fund of Tsinghua Tongfang participated in this round of funding. Accordingly, GTCOM expedited the pre-IPO industrial layout, indicating that GTCOM will increase its investment in big data and artificial intelligence, improve the structure of the three-dimensional ecosystem encompassing related fields, and further strengthen its leading position in the industry.

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With "big data + artificial intelligence," GTCOM finds the value behind data

Recently, the Ministry of Industry and Information Technology issued the Three-Year Action Plan for Bolstering the Development of the New-Generation Artificial Intelligence Industry (2018-2020), expressing its hope that 2020 will see an important breakthrough in the field of artificial intelligence and effective international competitive advantages in key fields. As the world's leading enterprise devoted to big data and artificial intelligence, GTCOM has continuously upgraded its frontier technologies and fostered its core competitiveness in big data and artificial intelligence. This has been a constant effort during the past five years under the development theme "Language Connects the World, and Data Inspires the Future."


Recently, the Ministry of Industry and Information Technology issued the Three-Year Action Plan for Bolstering the Development of the New-Generation Artificial Intelligence Industry (2018-2020), expressing its hope that 2020 will see an important breakthrough in the field of artificial intelligence and effective international competitive advantages in key fields. As the world's leading enterprise devoted to big data and artificial intelligence, GTCOM has continuously upgraded its frontier technologies and fostered its core competitiveness in big data and artificial intelligence. This has been a constant effort during the past five years under the development theme "Language Connects the World, and Data Inspires the Future."

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NexMagic Semantic Search Engine

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DataMap4.0 Data Visualized Analysis Engine

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Data Galaxy Knowledge Graph Visualized Analysis Engine


Additionally, GTCOM has partnered with many giants at home and abroad, such as Alibaba, Amazon, Baidu, Haier, China UnionPay, PIMCO, the Austrian Research Institute for Artificial Intelligence, and other heavyweight global enterprises and research institutions, doing so by virtue of its own technological advantages, providing big-data solutions for finance, tourism, healthcare and agriculture sectors while showcasing GTCOM's advanced technologies and innovations.


Standing at the forefront of the times, GTCOM facilitates the creation of Big Data China


Since 2015, our government has repeatedly emphasized the need to advance the implementation of the national big-data strategy and accelerate the creation of Digital China. Among the many companies currently focused on big data and artificial intelligence, GTCOM has maintained a leading position in the industry with its superior foresight and insight. Within the span of a few years, GTCOM has consistently achieved significant results in big data and artificial intelligence. It has made numerous great contributions to boosting the industry and supported the positive development of governments, industries, schools and research institutes. As a global leader in big data and artificial intelligence, GTCOM, with its powerful big-data applications, has served as a think tank for greater understanding and expanding cooperation and scientific decision-making between governments and Chinese and foreign enterprises in the trade of agricultural products along the so-called Belt and Road. By leveraging its unique advantages in cross-language big data, GTCOM has helped domestic and foreign enterprises break barriers in language and data, thus facilitating enterprise communications beyond borders. GTCOM's global strategy is underlined by the significant tripartite contracting at Startup Village in Russia and the stunning debut of the "Haier YeeSight Industrial Big Data" system at Germany's famed Hannover Messe convention center.

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It is understood that the investment market has gradually become more rational in recent years. Particularly in the field of artificial intelligence, the total number of financing projects in 2017 decreased significantly compared to 2016. It peaked in April 2016 at 39, and was declining afterward. According to professional investors, companies with core technologies and innovative models don't worry about the arrival of "cold winter" in investment, because they're still favored by capitalists. Thus, from the perspective the cold winter doesn't exist in the realm of capital. GTCOM secured its Series A funding in 2013 and closed the Series B and B+ funds, which amounted to RMB400 million in 2016. With its super strength and cross-industry integration capability, GTCOM successfully ranked fourth among Chinese artificial intelligence enterprises in terms of the amount of financing during the period from 2013 to 2016. GTCOM, in the future, will work in big data and artificial intelligence, accelerate its strategic layout of the global big-data industrial chain, and bolster the development of the national strategy for big data and artificial intelligence.

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