
Sinovation Ventures Chairman Kai-Fu Lee Starts New AI Company
On March 19, Kai-Fu Lee, Chairman and CEO of Sinovation Ventures, a venture capital firm, officially launched Project AI 2.0, a new company aimed at succeeding in the AI 2.0 era.
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On March 19, Kai-Fu Lee, Chairman and CEO of Sinovation Ventures, a venture capital firm, officially launched Project AI 2.0, a new company aimed at succeeding in the AI 2.0 era.
Intelligent speech and artificial intelligence company iFlytek is suspected to have started laying off its employees due to a "graduation certificate" printed with its logo circulating on Chinese social media platforms.
Tencent Cloud publicly announced its digital human production platform on April 25th. The platform boasts several features, including small training samples, high production efficiency, and automated production.
On April 21st, it was announced that the new version of the MOSS model developed by Fudan University's Natural Language Processing Laboratory was officially launched today. It is the first open-source conversational language model in China with plugin enhancements.
An official announcement issued by the Shanghai Stock Exchange on Thursday showed that the initial listing of AI firm Megvii Technology on the Science and Technology Innovation Board has been approved.
Parametrix.ai announced it had completed round-B financing totaling $100 million on Tuesday, led by Sequoia China and followed by Parametrix.ai's existing shareholders, 5Y Capital and Gaorong Capital.
The third BEYOND International Technology Innovation Expo began in China on May 10. During the event, Joe Tsai, executive vice-chairman of Alibaba Group, showcased an AI-generated actress named Leah to demonstrate the potential of AI-generated content.
The rapid development of AI technology in China has led to an increased demand for AI talent, resulting in high salaries being offered by companies such as Tencent, NetEase, miHoYo, and others.
Shanghai-based AI cloud computing startup Enflame Technology on Thursday established a new subsidiary in Chengdu with a registered capital of 100 million yuan ($15.7 million).
Xbiome Biotech Co., Ltd., an AI-based microbiome drug development company in Shenzhen, China, announced the completion of a B-round of financing totaling nearly $100 million.
Autonomous driving technology and services provider TrunkTech had obtained a new round of financing led by BAIC Capital and followed by Zhengzhou Holdings and Top Capital.
On the morning of November 19, in the heart of Beijing’s Central Business District, Lei Jun, CEO of Xiaomi, was greeting guests at the company’s annual developer conference.