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November 14, 2019

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UBTech’s AI deal

Chinese tech firm UBTech has signed a deal valued at 2.5 billion yuan (US$362 million) with an organization from the United Arab Emirates to set up artificial intelligence teaching labs for students. The deal was described as “historic” for AI projects in the international market. UBTech signed the deal with Royal Strategic Partners, an affiliate of Abu Dhabi Capital Group in Abu Dhabi.


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