Sinovation’s AI Subsidiary Completes Over $50 Million Series B
According to 36Kr, Sinovation Ventures’ AI subsidiary, Chuangxin Qizhi, completed its latest round of financing totaling nearly $57 million.
12/25/20192 min read
Tag: #Artificial Intelligence
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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.
7/30/20212 min read
Alibaba Cloud ET City Brain Help Malaysia to Ease Traffic
Malaysia Digital Economy Corporation (MDEC) and Dewan Bandaraya Kuala Lumpur (DBKL) announced plans to introduce Alibaba Cloud ET City Brain. Artificial intelli...
JAKA Robotics Secures 1B Yuan in Round-D Financing
Collaborative robot manufacturer JAKA Robotics announced on July 20 that it has obtained about 1 billion yuan ($148.2 million) in round-D financing.
Yunli Zhihui Technology Secures Several Hundred Million Yuan in Round A Financing
Yunli Zhihui Technology, a firm engaged in products related to the construction of smart cities in China, recently completed a round of financing worth several hundred million yuan.
12/31/20212 min read
ByteDance Refutes Offering $1.4M Annual Salary to Poach OpenAI Talent
It was reported that ByteDance, TikTok's parent company, offered an annual salary of $1.4 million to poach talent of the ChatGPT R&D team from OpenAI.
4/24/20232 min read
HarmonyOS Drives Huawei's Whole-House Smart Solutions in Another Upgrade
On October 23, Shao Yang, the chief strategy officer of Huawei Consumer Business Group, described the new modifications as the '1+2+N' whole-house smart solution.
10/25/20213 min read
Metaverse Startup Deemos Launches ChatAvatar Powered by Generative AI
Deemos Technologies has recently launched ChatAvatar, a text-to-3D digital character creation tool powered by generative AI amid the hype surrounding this emerging technology.
4/11/20233 min read
Alibaba Cloud Announces the Largest Price Reduction in Its History
On April 26th, Alibaba Cloud announced the largest price reduction in history. The prices of core products have been reduced by 15% to 50%, and the highest discount for storage products is up to 50%.
Megvii Driver Fails to Extort 3 Million Yuan from Firm's Chairman by Threatening to Sell Sensitive Recordings
Hu Zijian, a former driver for Megvii Technology, threatened to sell recordings with sensitive information about the company to competitors in February, demanding $465,224 from Yin Qi, chairman of the company's board of directors.
10/8/20212 min read
80% of Car Buyers Willing to Pay for Autonomous Driving, Haomo Chairman Says
An advanced driver-assistance system has turned out to be a must-have for car buyers, as eight out of 10 are willing to pay for the feature, said Zhang Kai, the chairman of autonomous driving company Haomo.AI, at the firm's seventh AI Day event held on January 5.
1/6/20235 min read
China's Tech Sector Sees Opportunity as Beijing Bans OpenAI's ChatGPT
Regulators in Beijing reportedly have pressured major Chinese tech companies to withhold ChatGPT services to the public. The disallowance of OpenAI's chatbot may propel the rise of China's own AI chatbots to the technological forefront in the country.