Country for PR: China
Contributor: PR Newswire Asia (China)
Wednesday, October 12 2022 - 13:00
AsiaNet
AI-LINK Closes a New Strategic Round of Financing with Participation from AsiaInfo and Singtel Innov8
BEIJING, Oct. 12, 2022 /PRNewswire-Asianet/ --

AI-LINK, a new digital infrastruture provider focused on industrial sites, 
recently announced the closing of a new strategic funding round led by AsiaInfo 
with participation from Singtel Innov8. The funds raised will be mainly used 
for product innovation and technology iteration, as well as rapid promotion and 
commercial deployment of new digital solutions to improve AI-LINK's global 
business landscape.

As the idea of sustainable development being widely embraced, performing 
digital transition has been a popular strategy applied by major countries all 
over the world to seize the opportunity of technology revolution and industrial 
transformation. It is even more impressive that in the process of IIoT 
(Industrial Internet of Things) development, the full connection, integration 
and processing of production factors led by the deep integration of OICT 
(Operational Information Communication Technology) has made remarkable results 
in sustainable development, reducing carbon emissions as well as improving 
quality and efficiency, which has become a consensus among communication 
software industry and telecom operators worldwide.

AI-LINK focuses on 5G edge intelligence and OICT convergence in industrial 
sites, providing end-to-end Local 5G products, lightweight industrial edge 
intelligence centers and open application management platforms to meet 
industrial customers' needs of one-stop, low-cost and scenario-based solutions. 
AI-LINK is committed to building new ICT infrastructure for industrial sites as 
well as empowering the digital development of industry.

With a deep understanding of 5G edge computing and industrial know-how, AI-LINK 
has provided scenario-based "5G+IIoT" solutions to leading enterprises in 
various fields, such as building materials, warehousing, 3C, and high-end 
manufacturing.

The launch of AI-LINK Local 5G Data Integration Solution on SAP Store witnesses 
AI-LINK's contribution of delivering Chinese 5G data mining experience to 
hundreds of thousands of customers around the world. AI-LINK and Siemens have 
also jointly developed a series of end-to-end scenario-based 5G data mining and 
control solutions, realizing industrial grade wireless interactive 
communication between PLC (Programmable Logic Controller), the upper monitoring 
system and distributed I/O (Input/Output).

In collaboration with Amazon Web Services, AI-LINK explores a 
"cloud-net-edge-end" convergence business model. AI-LINK also helps a leading 
global e-commerce company achieve the industry's first concurrent operation of 
hundreds of 5G AGVs (Automated Guided Vehicle) in its Changsha smart warehouse, 
making flexible production and real-time decision possible. In the way of 
promoting digital and intellectual upgrading of industries, AI-LINK enters the 
strategic partner portfolio of China Federation of Logistics and Purchasing to 
disseminate series of standards for digital warehouse.

Yingzhe Ding, Founder and CEO of AI-LINK, said, "AI-LINK is actively engaged in 
the construction of new digital infrastructure as a change maker. We are 
excited to work with industrial customers and partners to promote the long-term 
sustainable development of the industry."

About AsiaInfo

Founded in 1993, AsiaInfo Technologies Limited (known as AsiaInfo) is a leading 
provider of software products, solutions, and service and a leading provider 
with full-stack digital and intelligent capabilities. Equipped with seven 
digital and intelligent core capabilities including Consulting Planning, 
Product R&D, Implementation and Delivery, System Integration, Smart 
Decision-making, Data Operation, and Customer Service, AsiaInfo provides 
end-to-end full-stack digital intelligence support for customers in various 
industries such as telecommunication, government affairs, energy, finance, 
transportation, and postal services. With CMMI Level 5 (Software Capability 
Maturity Model Integration Level 5) international certification, AsiaInfo has a 
deep understanding of IT and network environment and business operation needs, 
and has a portfolio of more than 500 "carrier-grade" software products with 
high reliability, high stability, and high availability.

About Singtel Innov8

Established in 2010, Singtel Innov8 is the corporate venture capital fund of 
Singtel, Asia's leading communications technology group. With an evergreen fund 
of US$350 million, Innov8 invests in and partners start-ups with promising 
innovations and possible applications for Singtel Group's diverse business 
needs. By leveraging Singtel Group's presence in across 21 countries in Asia, 
Australia and Africa with a total combined reach of over 770 million mobile 
customers and partnerships with local and global stakeholders, Innov8 helps 
start-ups grow and go beyond their home markets. Innov8 is managed by its own 
set of decision-making, approval and investment processes.

Media Contact:

Lin Zhu
zhulin@ailinking.com

SOURCE AI-LINK
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