Showing 12 of 26 posts with this tag
XPeng Motors plans to boost its annual R&D budget to about $7 billion, allocating over half to artificial intelligence as it seeks to position itself as both a carmaker and a technology leader.
Chinese tech giant Huawei is willing to license its 5G technology to a western company, hopefully a U.S. company, said Huawei CEO Ren Zhengfei at a panel on September 26.
On September 9, AI firm Megvii Technology gained approval to carry out a public listing on the Shanghai Sci-Tech Innovation Board (STAR Market). The IPO path of the company has not been smooth.
China's cloud artificial intelligence-training platform Enflame Technology, backed by Tencent, raised RMB 700 million ($98.6 million) in Series B funding.
Last week saw one of the most prominent Chinese TMT investors Qiming Venture Partners raise their seventh USD fund, a notable milestone for a fund partly responsible for the success of companies like Xiaomi and Meituan Dianping.
Chinese artificial intelligence (AI) firm Megvii, the firm behind well-known computer vision tech company Face++, has filed for a public listing in Hong Kong on Aug. 26 with Goldman Sachs, J.P. Morgan and Citibank serving as the underwriters.
The prominent American startup accelerator Y Combinator has abruptly folded its plans to open a Chinese subbranch YC China.
Last week, while not too eventful in terms of the number of VC deals in China, saw at least three interesting investments.
Huawei released the HarmonyOS 2.0 Beta for developers on Dec. 16, in preparation for the public launch next year.
Chinese tech company ByteDance's research team published a paper on ArXiv on December 5th, 2024, introducing a new framework called Infinity, aimed at improving the efficiency and quality of text-to-image synthesis.
Facial recognition checks are now part of the standard procedure when registering for mobile phone services in China.
Xiaomi released positive financial results for the third quarter of 2019.