Artificial Intelligence Archives - Page 11 of 13

Xpeng Releases World’s First Intelligent Robot Horse that People Can Ride

It appears that elements of science fiction are gradually becoming a reality. Pengxing Intelligence Co., Ltd., a subsidiary of Xpeng Motors, released the world's first intelligent robot horse on Tuesday.

Artificial Intelligence Unicorn SenseTime Applies for Hong Kong IPO

China's artificial intelligence unicorn SenseTime submitted an application to list on the HKEX on August 27, with China International Capital Corporation Limited (CICC), Haitong International Securities Group Limited and HSBC as co-sponsors.

AI Computer Chip Startup Pingxin Technology Receives $10 Million in Pre-A Financing Round

Beijing-based artificial intelligence (AI) computer chip startup Pingxin Technology has completed a pre-A round of financing, amid a global push to enhance chip technology and an ongoing semiconductor shortage.

AIpark Bags Strategic Investment From Xiaomi

Chinese parking service company AIpark announced that it has obtained strategic investment from Xiaomi, with Lighthouse Capital acting as the exclusive financial adviser.

Bringing About an AI Future: Latest Developments at Baidu World 2021

“AI is also about love,” quipped Robin Li, billionaire Co-founder and CEO of Chinese internet technology company Baidu, Inc. The Chinese character for love (爱) is spelled “ài” when Romanized, allowing a pun on artificial intelligence (AI).

AI Unicorn SenseTime Reported to Pursue $2 Billion Hong Kong IPO

AI company SenseTime is reportedly cooperating with HSBC Holdings Plc to arrange an IPO in Hong Kong to raise at least $2 billion, people familiar with the matter said on Tuesday. Both companies have not issued any response yet.

ByteDance AI Lab Director Confirms Resignation; Scientists Leave the Business Tower for the Ivory Tower

Recently, ByteDance has had a change up of personnel. Li Lei, ByteDance's AI Lab director, left his post and joined the University of California, Santa Barbara (UCSB) as an assistant professor.

AI Unicorn 4Paradigm Plans to List in Hong Kong

The international department of the China Securities Regulatory Commission on July 29 disclosed approval materials for an overseas IPO submitted for review by 4Paradigm.

Biocomputing Platform BioMap Founded by Baidu CEO Secures Hundreds of Millions of Dollars in Series A Financing Round

On Friday, biocomputing platform BioMap completed an A Round of financing worth hundreds of millions of dollars, led by GGV Capital and followed by Baidu, Legend Capital, BlueRun Ventures, Verity Ventures and Xianghe Capital.

Huawei Achieves Patent of Autonomous Driving Vehicle Behavior Planning Technology

Huawei obtained patent authorization for behavior planning methods and a behavior planning device which enables self-driving vehicles to safely and quickly pass through intersections.

AI is the Transformative Force Revolutionizing Future Human Development Over the Next 40 Years, Says Baidu CEO Robin Li at WAIC 2021

Robin Li, CEO of Baidu, said that AI will undoubtedly become the transformative force revolutionizing future human development over the next 40 years.

COVID-19 Has Given China’s AI Industry a Shot in the Arm

From contact tracing systems to driverless food delivery and medical supply vehicles, AI technology has been used in more daily life scenarios during the Covid-19 pandemic in China.

Baidu Posts Robust Q1 Earnings Boosted by Cloud, AI Businesses

Chinese search engine and AI giant Baidu on Tuesday posted a stronger-than-expected 25% jump in first quarter earnings from a year earlier, beating analysts' estimates.

China VC Weekly: Risk Management, Medicine and Architectural Tech

In this week’s China VC news, AI risk management solutions provider Ice Kredit raises a 228 million yuan Series C2 round, cancer and immune disorder treatment developer Innolake Biopharm bags $46 million to speed up R&D, while RoboticPlus.AI receives $20 million from BAI and C Ventures.