Microsoft Corporation has established an Artificial Intelligence and Internet of Things Insider Lab in Shanghai to aid digital transformation across industries, Chinese media outfit Xinhua reports.
Located in a 2,800-square-meter building in the Zhangjiang Hi-Tech Park of the Pudong New Area, the lab, which began operation Wednesday, is established in partnership with the state-run Zhangjiang Group.
It is the fourth and also the largest such lab run by Microsoft around the world.
Microsoft said the lab provides “all-around support” for enterprises inside and taps into the Internet of Things and AI technologies to fuel the digital transformation taking place across industries, including manufacturing, retail, healthcare, finance and urban construction.
Thirty Chinese and foreign businesses have been selected out of some 300 applicants as the first batch of “enterprises of empowerment” in the lab. They include both start-ups, among which 21 are based in Shanghai, and multinational corporations, such as ABB Engineering (Shanghai) Ltd. and Pan Asia Technical Automotive Center Co., Ltd.