Chinese investment in AI industry

DeepBlue Technology, a leading Chinese firm in the artificial intelligence technology industry, announced at a press conference in Athens last Wednesday its dynamic entry into the Greek market with AI applications that are set to radically change public transport, payment methods, retail and the overall urban environment. The company's main priorities lie in creating new jobs, transferring know-how and the development of AI applications in Greece.

Analyzing the perspectives of this new Chinese investment in Greece, Chen Haibo, DeepBlue Technology's chief executive officer, underlined that "Greece and China have a long history. We place a premium on innovation and I believe that Greece will be an important partner for us in Europe and the world."

The Chinese group aims at expanding in the broader Eastern Europe and the East Mediterranean. In this context DeepBlue...