Gridsum Announces Launch of Artificial Intelligence Engine: Gridsum Prophet - NASDAQ.com

BEIJING, May 25, 2017 (GLOBE NEWSWIRE) -- Gridsum Holding Inc. ("Gridsum" or the "Company") (NASDAQ:GSUM), a leading provider of cloud-based big-data analytics, machine learning and AI solutions in China, today announced that, as a part of its strategic evolution, it has consolidated all of its artificial intelligence ("AI") activities strategically, technically and organizationally into a new division called the Gridsum Prophet. Gridsum is a first mover in China in big data intelligence. Since 2005, the Company has utilized a distributed big-data computing architecture, developed and implemented sophisticated natural language processing ("NLP"), and leveraged machine learning directed toward large enterprise clients. During that time, from serving large enterprise customers, the Company has accumulated deep domain knowledge and expertise as well as a massive amount of data that fuels its machine learning algorithms. Since this early inception, the Company has continued to stay at the forefront through focus and investment, hiring and training extraordinary engineers and architects and, importantly, playing an active and leading role in the AI academic and developer communities.