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The full-stack AI blockchain platform SingularityNET has announced a partnership with Chinese holding, Ping An, that ranked 1oth in the Forbes 2018 Global 2000.

According to the announcement, Ping An is ranked as the third largest global financial services company in 2018.

Medium

At the beginning of the collaboration, SingularityNET and Ping An will reportedly focus on three main areas: Optical Character Recognition (OCR), Computer Vision(CV) and model training, where SingularityNET’s ecosystem could be applied for commercial purposes, states the announcement.

The Founder and CEO of SingularityNET, Ben Goertzel, claims the scale of Ping An provides considerable opportunities to showcase the benefits of AI application.

"Generally speaking, successful AI applications require at least four ingredients — AI algorithms, data, computer power, and human understanding of the problem domain. Between SingularityNET and Ping An we have all four of these in abundance, and so I am confident we will be able to do great things together," he added.

Earlier, SingularityNET concluded a partnership with the government of Malta to draft Malta’s National AI Strategy.

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