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Reports have emerged claiming that the former CEO and CFO of Huobi, a crypto exchange that has been purchased by a Hong Kong-based investment company, have resigned, and that large-scale layoffs will be carried out. However, this report was then denied by company officials.
Source Code Capital, a Chinese venture capital firm, announced on Monday that it had completed its fifth RMB-denominated fund at over 7 billion yuan (almost $1.1 billion), taking just over three months.
In an internal speech, Baidu CEO Robin Li expressed his views on the industry's hot topics such as the choice between open source and closed source for LMs, and whether AI entrepreneurs should focus on models or applications.
Luckin Coffee, the company that is mainly known in the West for giving Starbucks a really hard time in China, is more than just another gastronomic novelty, it’s a phenomenon that reveals a lot about the changing nature of Chinese consumption.
On Tuesday, Jing Kun, Vice President of Baidu Group, General Manager of Baidu Life Business Group and CEO of Xiaodu Technology, released two new smart products: the Tiantian Smart Fitness Mirror and Smart Camera TV V75.
“This is the most important conversation of our time, and Tegmark's thought-provoking book will help you join it.” As Stephen Hawking comments on the book Life ...
In its most recent alpha test, ByteDance's Douyin has launched a "video-listening mode", with which users can continue to listen to videos they're watching on Douyin even after they've minimized the program or locked their screen.
Bilibili, a leading video community for younger generations, on Thursday released its unaudited financial results for the first quarter of this year.
Chinese co-working space provider Ucommune has entered into a merger agreement with New York-based acquisition company Orisun Acquisition Corp.
A decade-long push by Beijing to shore up the country’s green energy sector has brought China's share of global polysilicon production to 80%.
PitchBook, a global data research institution based in the Silicon Valley, names its Unicorn Class of 2017. In 2017, 57 start-ups were valued at more than $1 bi...
United States officials plan to ban American investment in Chinese artificial intelligence (AI) unicorn SenseTime Group Limited.