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- OORT partners with Shenzhen Data Exchange, broadening AI services across Asia’s largest tech ecosystem.
- Shenzhen Data Exchange hits record with over 10 billion Yuan in transactions, pioneering global data flows.
- Microsoft to enhance OORT’s network security, becoming validators on the Olympus Protocol this August
OORT, a leading decentralized AI cloud platform, has officially announced its partnership with the Shenzhen Data Exchange, marking a significant expansion of its services across Asia. This collaboration allows OORT to offer its DataHub and AI solutions to a broader range of industries, leveraging the thriving AI ecosystem in China.
Happy Thursday!
— OORT | Cloud for Decentralized AI (@oortech) August 15, 2024
Happy to report that OORT is now officially listed on Shenzhen Data Exchange, China’s leading data trading platform🙌
This milestone opens up new opportunities for us to support AI companies across Asia with our cutting-edge decentralized solutions🌏#OORT 🤝… pic.twitter.com/6OuAfghVBU
The integration of OORT DataHub will provide companies with essential AI datasets, facilitating innovation and scaling opportunities. Simultaneously, OORT AI aims to streamline the adoption of AI agents within business operations, enhancing efficiency and technological advancement.
Expansion in China
China’s robust commitment to AI innovation is attributed to the decision to list OORT on the Shenzhen Data Exchange. This move not only enhances OORT’s accessibility to leading technology companies but also positions it strategically within an ecosystem home to the largest number of AI companies globally.
Max Li, the Founder and CEO of OORT, emphasized the listing’s strategic advantage, noting its potential to aid in the development and growth of AI companies across the region. The partnership is seen as a pivotal step in OORT’s efforts to strengthen its presence in the Asian market.
Shenzhen Data Exchange
The Shenzhen Data Exchange is a premier platform facilitating regional and international data flows, thereby supporting the digital economy of China. It became the first Chinese platform to exceed a trading volume of 10 billion Yuan, demonstrating its significant role in the data market.
As of June 2024, the exchange has hosted transactions worth approximately 10.539 billion Yuan, covering over 2,263 items across more than 70 industries. This extensive reach illustrates the exchange’s critical role in fostering cross-border data exchange and enhancing global data collaboration.
Microsoft Joins OORT Network as Validator
In related news, Microsoft servers are set to become validators on the OORT mainnet, specifically integrating with the network’s Olympus Protocol. This development, scheduled for August 16, aims to improve the network’s stability and security as OORT grows.
Approximately 10 million OORT tokens will be staked to support this integration, with investors anticipated to earn rewards that align with the growth of the OORT ecosystem. This partnership underscores OORT’s commitment to enhancing its technological infrastructure and ensuring robust network performance.