Russia's leading anti-malware company, Kaspersky Lab, planned to invest 10 million U.S. dollars in the Chinese software market, Moscow's RBC Daily reported Tuesday.
The Company would develop its Nanosemantics artificial intelligence (AI) project in China, opening a research and development centre there this spring, co-owner Natalia Kasperskaya said.
Eight million dollars out of the funding would be invested by a local Chinese partner, whose name Kasperskaya declined to reveal.
"The Chinese AI market is empty so far, so we have ambitious plans for the introduction and development of our technology," she said.
The number of people using the Internet in China rose to 457 million by the end of 2010, up 73.3 million from a year earlier, meaning more than a third of the Chinese population is online, according to the China Internet Network Information Centre (CNNIC).