AI Technology Archives

Baidu Launches Xiaodu AI Glasses: World’s First AI Glasses Powered by Chinese Language Model

On November 12, at the Baidu World Conference, Chinese tech giant Baidu officially launched the Xiaodu AI Glasses, calling them the "world's first AI glasses equipped with a native Chinese language model."

Xpeng’s Vision for the Next Decade: Becoming a Global Leader in AI-defined Mobility

On November 6, at the Xpeng AI Day event, the company founder and CEO He Xiaopeng officially announced the company’s development goals for the next decade, aiming to become a global AI automotive company.

Lenovo: Will Launch AI Personal Computers in the Second Half of Next Year

On the 24th and 25th, Lenovo held the 9th Global Tech World Event in Austin, Texas.

Kunlun Tech Acquires $93 Million Controlling Stakes in Aijie Kexin for AI Chip Development

On September 20th, Kunlun Tech announced that it plans to increase capital and acquire a controlling stake in Beijing Aijie Kexin Technology Co., Ltd., an AI high-performance chip startup.

Baidu Announces “AI Partner” and “AI BOT”

On May 25, at the 2023 Baidu Mobile Ecosystem Conference, Baidu unveiled beta features such as "AI Partner" and "AI BOT", and showcased its beta product NEW APP.

Megvii Technology’s Bumpy Road to an IPO

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.

Huawei HarmonyOS 2.0 Beta Launches for Smartphone App Developers

Huawei released the HarmonyOS 2.0 Beta for developers on Dec. 16, in preparation for the public launch next year.

China’s 5G Online Terminal Connections Surpass 100 million: Report

The 2020 China Internet Development Report was released on Nov. 23 in Wuzhen, Zhejiang Province, during the 2020 World Internet Conference, revealing the number of 5G online terminal connections exceeds 100 million.

China VC Weekly: AI, Used Cars and Neuromedicine

Last week, while not too eventful in terms of the number of VC deals in China, saw at least three interesting investments.

Tencent-backed AI Cloud Computing Platform Enflame Closes Its RMB 700 Million Series B

China's cloud artificial intelligence-training platform Enflame Technology, backed by Tencent, raised RMB 700 million ($98.6 million) in Series B funding.

China VC Weekly: Qiming’s New $1B Fund, Tencent’s Philippine Moves and More AI

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.

China VC Weekly: AI, Automation and Largest Investment Round in China’s Edtech History

The past week saw exciting news surface regarding several players in China’s AI and automation space, with one of the most prominent AI unicorns 4Padadigm raising two hefty rounds and adding another $1 billion to its valuation.

China VC Weekly: HeyTea’s Rumored RMB 16B Valuation and Big Week for Enterprise Service Providers

AI, Big Data, Telematics and Logistics services caught investors’ attention and raised significant funds, hinting at a bright future for such services in the digitizing world.

U.S. Announces Restrictions on AI Software Exports to China

According to Reuters, the Trump administration took steps to restrict exports of artificial intelligence software in order to protect sensitive technologies from competitors such as China.

Alibaba DAMO Academy Predicts Top 10 Tech Trends for 2020

The Alibaba DAMO Academy, a research and development institute run by Alibaba Group, published its forecast of the trends that would define the global tech industry in 2020.

Chinese Bitcoin Miner Bitmain Downsized Again after Personnel Turmoil

According to China Star Market, sources say Chinese custom bitmining chipmaker Bitmain ordered job cuts at the end of 2019 to stem losses. The cuts focused on its AI business.