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Paytm collaborates with Alibaba, launches AI Cloud for India

Paytm

PaytmDigital payments giant Paytm has joined hands with Alibaba to unveil artificial intelligence-based cloud computing platform ‘Paytm AI Cloud for India’. This will be an exclusive for developers, startups and enterprises.

The platform will provide business-centric apps for organisations that prefer high-quality solutions for cloud computing, ready-to-use services to automate workflow, easy to integrate payments, among others.

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The firm revealed that the AI Cloud processes and stores all data locally on servers situated in India, taking optimum care of highest security and privacy standards.

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“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.

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