Parallel Technologies establishes a new company with multiple AI business operations.

According to the QiChaCha app, recently, Qingdao Parallel Technology Co., Ltd. was established with a registered capital of 20 million yuan. Its business scope includes: artificial intelligence basic software development; software development; artificial intelligence application software development; conference and exhibition services, etc. Equity penetration information from QiChaCha shows that the company is wholly owned by Parallel Technology.