Paytm launches AI Cloud, partners Alibaba

Publicly liked and supported by Indians, One97 Comuunications Limited plans to launch AI cloud for its subsidiary app Paytm. It has partnered Alibaba to launch artificial intellingence-based cloud computing platform ‘Paytm AI Cloud for India’ for developers, startups and enterprises.The platform offers business-centric apps for organisations that need high-quality solutions for cloud computing, ready-to-use services to automate workflow, easy to integrate payments, among others. 

The company said Paytm AI Cloud processes and stores all their consumer data in servers located in India only.

“Every new-age organisation needs to be AI-enabled.... They need growth engines to acquire customers, engage one-to-one with them, and AI empowered systems to predict their business," said Sujit Kumar Mishra, Vice President, Paytm.

The Company is planning to offer enterprise messaging solution in partnership with DingTalk which is a free and all-in-one enterprise communication and collaboration platform and is powered by Alibaba Group.

Published on 22nd August 2018.