Can AI and big data improve how you get news? Cheetah Mobile is making a 57M bet that it can - TechRepublic
On Friday, one of China's leading tech companies, Cheetah Mobile, announced the 57 million acquisition of New Republic--a move that signals its "journey of a transformation," according to CTO Charles Fan, highlighting its investment in AI and transition into a mobile content company. Founded in 2010, Cheetah Mobile began as a mobile tools provider. Over the last six years, it has become a major player in China's tech scene--and made a big impact, globally. Fan told TechRepublic that the company has over 650,000,000 monthly active users, internationally, in Q1. Fan said he sees the company as a "bridge between China and the world." What makes Cheetah Mobile different, he said, is that 80% of their mobile users are outside of China.
Aug-19-2016, 17:50:26 GMT
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