China VC Weekly: AI, NLP and In-Memory Computing
AI and Cloud were the VC focus in China this past week.
5/16/20203 min read
Tag: #Artificial Intelligence
Showing 12 of 267 posts with this tag
Meituan Co-Founder’s AI Startup to Acquire OneFlow Technology
Amidst the ChatGPT frenzy this year, China's artificial intelligence (AI) market witnessed its first acquisition. Lightyear Technology, an AI company founded by Wang Huiwen, the co-founder of Meituan, will acquire Beijing OneFlow Technology, an AI architecture startup.
PhiGent Robotics Completes Second Settlement of Round-A Financing
Automatic driving solutions provider PhiGent Robotics announced on August 15 its securing of 100 million yuan ($14.8 million) in the second delivery of its round-A financing.
8/15/20222 min read
AI Software Developer Baihai Technology Bags Tens of Millions of Yuan in Financing
AI software-focused Baihai Technology announced on Friday that it has completed tens of millions of yuan in financing led by Verity Ventures.
1/14/20222 min read
Moonshot AI Releases Multimodal Image Understanding Model Moonshot-V1-Vision-Preview
On Jan 15, Moonshot AI, Kimi's developer, launched its new multimodal image understanding model, Moonshot-V1-Vision-Preview. This release strengthens the multimodal capabilities of the Moonshot-V1 series.
1/15/20252 min read
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.
4/4/20205 min read
Pony.ai and Neolix to Cooperate in Unmanned Distribution
Pony.ai, a Chinese automated driving start-up, announced on March 22 that it has reached a strategic cooperation with leading unmanned vehicle developer Neolix in the field of unmanned distribution in China.
3/22/20233 min read
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.
8/24/20213 min read
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.
8/2/20213 min read
ByteDance Releases Technical Report on Seedream 2.0 Text-to-Image Model
ByteDance's Douyin AI team published a technical report on their Seedream 2.0 text-to-image generation model on March 12, revealing comprehensive technical details for the first time.
3/12/20252 min read
Strawberry Farmers Deploy AI from Pinduoduo Smart Agriculture Competition to Boost Productivity and Incomes
Farmers in one of China’s main strawberry production areas are expecting increased output after deploying precision technology developed through a smart agriculture competition organized by domestic tech firm Pinduoduo.
1/29/20223 min read
Intelligent Automation Firm Laiye Acquires French AI Company Mindsay
Beijing-based intelligent automation firm Laiye announced its acquisition of Mindsay, a French conversational AI company.
4/14/20223 min read