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The cloud chip supports "deep learning," or neural networks that mimic human learning. Deep learning is a type of machine learning involving algorithms that can analyze data, recognize patterns and make predictions.

The companies were joined by two UK food export management enterprises, Christie International and Tudor Rose International.

The company has spent more than 3 billion yuan (8 million) on big data, internet of things and AI. It is also gearing up to increase its global expansion plans.

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The company has skipped debt payments. Standard & Poor's said Neiman Marcus owes about .8 billion, some of it from the billion buyout in 2013 by Ares Management, a private-equity firm, and the Canada Pension Plan Investment Board.

The company enjoys free rent for three years and a "one-stop" business registration service. "Our business has been developing smoothly," said Azarnov.

The commission activated an emergency response for flooding Saturday noon and advised local governments in affected areas to take precautions against possible disasters.

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The collaboration between UNSW and the Tianjin based firm was made possible by the Torch innovation program to promote China-Australia ties in the technology space.

The closure, which was also reported by CNET, is the second such announcement made this week by the Seattle-based retailer. The company also notified customers it was halting sales of?its private-label diapers.

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The company based in Qingdao city, Shandong province, East China, is undertaking China's first overhead monorail project in Hancheng city, Northwest Shaanxi province. The construction of the line designed to stretch 55 km began in November last year.

The company has set a goal of opening 10,000 stores in 100 economies, including 7,000 stores overseas, and generating 100 billion yuan (.52 billion) in annual revenue by 2022.