China startups Archives

Chinese Autonomous Driving Startup Pony.ai seeks US IPO

On November 15, China's autonomous driving startup Pony.ai submitted its red herring prospectus and launched its IPO. It will be listed on Nasdaq under the stock code "PONY".

Moonshot AI’s Kimi Supports 2 Million Characters Input, Plans to Release Multimodal Product This Year

Moonshot AI announced that its conversational AI assistant product Kimi Intelligent Assistant now supports lossless contextual input of 2 million words.

Shengshu Technology Completes A New Round of Financing, Focusing on Catching Up with Sora

Shengshu Technology has completed a new round of financing, and Chinese multimodal large model manufacturers are focusing on catching up with Sora.

AI Company Emotibot Denies Full Shutdown, Will Optimize and Restructure Loss-Making Business

The AI company Emotibot denies that "some business has been suspended," emphasizing that internal operations of the company are normal, and will strengthen core products to ensure competitiveness in the AIGC field.

China VC Weekly: Big Week for Robots and China’s Instagram

In last week’s VC news, several prominent Chinese robotics companies raised considerable E-Finance rounds from investors, and more.

China’s Embattled Tesla Rival NIO Secures $1 Billion Strategic Investment in Attempt to Back Its Trajectory

Chinese electric vehicle startup NIO has secured a $1 billion financial lifeline from several state-owned investors led by Hefei City Construction and Investing Holding.

Faraday Future Seeks Creditor Support as Founder Jia Yueting Struggles With Bankruptcy

Faraday Future's (FF) Global Partners Team recently released an open letter to its creditors, hoping they could vote in support of founder Jia Yueting’s bankruptcy and restructuring.

NIO Updates IPO Prospectus, Seeking to Raise $1.32 Billion

Chinese electric-vehicle maker, NIO, has updated its initial public offering (IPO) prospectus and set terms to raise a total of $1.32 billion.

Richard Liu on Entrepreneurship: Several Must-Do’s For Success

At the Press Conference of the First Session of the 13th CPPCC National Committee, Richard Liu, CPPCC member and JD.com founder, provided some suggestions for young people establishing their own companies.

Sequoia Capital to Establish $8B Global Fund, Target Chinese Investors

iMarkets reported on January 31 that Sequoia Capital, which has invested in Google and Apple, plans to raise an $8 billion venture capital fund to support Chinese investors.

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