Reborn Coffee Announces Strategic Joint Venture with China’s AI Company Penglai Data Store to Lead and Develop Master Franchises in China, Hong Kong and Macao
BREA, Calif., July 30, 2024 (GLOBE NEWSWIRE) — Reborn Coffee Inc. (NASDAQ:REBN), a leading specialty coffee retailer in the US, today announced a strategic partnership and joint venture with a prominent China AI Database Company – Penglai Data Store (Shenzhen), led by CEO Alex Guo, which develops the high performance AI database software – HetuKV optimizing the AI learning and training process for businesses. This collaboration signifies the official launch of Reborn China, an innovative venture poised to transform the coffee industry in China by incorporating advanced AI technology into every new franchise in the region. Reborn China’s new AI features will also be introduced in the United States, bringing cutting-edge advancements to the local need upon full integration satisfaction.