# Parallel Technology Establishes Smart Computing Technology Company with Multiple AI Businesses

People’s Financial News, March 18 — According to Qichacha, Wuhan Chuyun Zhisan Technology Co., Ltd. was recently established with a registered capital of 85 million yuan. Its business scope includes sales of artificial intelligence hardware; development of basic AI software; development of AI application software, and more. Qichacha’s equity penetration shows that the company is wholly owned by Parallel Technology.

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