AIHS - Senmiao Technology Announces Signing of Cooperation Agreement for AI-driven Application Development | Benzinga
Companies to Explore Creation and Deployment of AI-Driven Support and Service Application for Senmiao's Drivers with Chengdu Daren Duoduo Culture Media
CHENGDU, China, Feb. 22, 2024 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (NASDAQ:AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that its operating subsidiary Sichuan Senmiao Zecheng Business Consulting Co., Ltd. ("Zecheng"), has signed a strategic cooperation agreement (the "Agreement") with Chengdu Daren Duoduo Culture Media Co., Ltd. ("Daren Duoduo"), a MCN ("Multi-Channel Network") company focused on providing group purchasing services for local lifestyle merchants and the training and incubation of store-exploring influencers.
Pursuant to the Agreement signed on February 20, 2024, Zecheng and Daren Duoduo will jointly develop an AI-driven application called "Thinking Cell." Thinking Cell is designed to provide customized operation support and services to local lifestyle merchants in their promotional and sales efforts, and to online ride-hailing drivers who Senmiao serves on its platform. Utilizing existing AI models, Senmiao will provide the technological support for the development of the AI application with a focus on customization, and Daren ...