Senmiao Technology (AIHS) said Friday it has signed a strategic cooperation agreement with Changsha Yipeng Information Technology to jointly develop an AI-backed data management system to support online ride-hailing operations.
Under the partnership, Changsha Yipeng will leverage data provided by Senmiao related to drivers, vehicles and riders to build the AI-backed data management system, which aims to help providers efficiently and safely operate ride-hailing services.
Both parties will seek necessary financing to support the project's full development and rollout, Senmiao said.