Digital Transformation of your business is the new metric that measures and defines the success of your business. And to thrive in the dynamic business culture, you don't necessarily have to be a leading enterprise to leverage the benefits of Artificial Intelligence and Machine Learning. But the problem is, small and medium enterprises hesitate to adapt to any new technology trend as these might seem out of their league in terms of adaptation and capital. But to be very clear. AI won't burn a hole in your pocket.

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Under the new partnership, the companies unveiled a medical AI research center in Beijing on Tuesday. The facility was designed to explore how to apply cutting-edge technology to medical treatment and training. Research progress on brain science, neuroscience and other areas will then be first tested in the Chinese Academy of Medical Sciences' affiliated hospital before being promoted at other medical institutions. Cao Xuetao, president of the Chinese Academy of Medical Sciences, said AI can help accelerate medical research by boosting computing capabilities, and it can also efficiently use limited resources by offering partly automated resources. "We are highly complementary in competency and resources," Cao said.