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January 4, 2016 12:14 pm GMT

Paytm Acquires Personal Assistant App Shifu To Improve Its Artificial Intelligence Tech

butler shutterstockPaytm, the Indian mobile commerce company backed by Alibaba, announced today that it has acquired Shifu, a personal assistant app for smartphones. The value of the deal was not disclosed, but Paytm senior vice president Kiran Vasireddy confirmed that it is close to the $8 million reported by new outlets like the Times of India. Read More

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