As a decentralized AI cloud platform, OORT is pleased to announce that it will be stationed in the Shenzhen Data Exchange, China's leading head data trading platform. This will enable OORT to provide its products and services, including its flagship products OORT DataHub and OORT AI, to a large number of AI companies across Asia.

Shenzhen Data Exchange: A Center for Data Innovation

Shenzhen Data Exchange is a subsidiary of Shenzhen Exchange Group. Its goal is to build a national data exchange. It is to establish a national trading platform for cross-domain and cross-border circulation of data elements, and to explore demonstration paths and trading models for the market-oriented allocation of data elements that are suitable for the development of China's digital economy.

The transaction volume of Shenzhen Data Exchange exceeded 10 billion yuan in June 2024, reaching 10.539 billion yuan, making it the first data trading platform in China to exceed 10 billion yuan in transaction volume. As of June 2024, Shenzhen Data Exchange has listed 2,263 targets, covering more than 70 industries and 265 application scenarios, forming a data ecological trading circle based in Shenzhen, radiating across the country and facing the world.

In the field of cross-border business, Shenzhen Data Exchange actively promotes the orderly development of cross-border data business from the aspects of opening up cross-border data paths, infrastructure construction, ecological drainage and overseas cooperation.

Zhao Yang, deputy general manager of Shenzhen Data Exchange, said: OORT will create greater development opportunities and business value for customers with its advanced concepts and technologies in artificial intelligence, blockchain and other fields; we welcome more outstanding data service providers from around the world to settle in Shenzhen Data Exchange for mutual benefit, win-win and common development.

OORT's mission: empowering AI companies

By listing on the Shenzhen Data Exchange, OORT will offer its products to the thriving market of AI companies. China’s strong support for AI innovation has spawned a thriving AI startup ecosystem, which provides OORT with a significant opportunity to expand its influence and business scope. The massive AI datasets provided by OORT Datahub will provide AI companies with rich resources for training models to support their innovation and growth. In addition, OORT AI solutions can help companies easily deploy AI assistants into their businesses.

“Listing on the Shenzhen Data Exchange is a major milestone in our journey,” said Max Li, Founder and CEO of OORT. “China is home to the largest number of AI companies in the world, and the Data Exchange provides a strong platform for OORT’s products to support the growth of these companies and the public good.”

To learn more about OORT and its products, visit https://www.oortech.com/ or follow OORT on X: https://x.com/oortech.