AI Startup AISphere Secures 300M RMB in Funding Rounds
Chinese AI start-up AISphere announced today the completion of Series A2 to A4 financing rounds, totalling nearly 300 million RMB.
Tag: #Finance
Showing 12 of 48 posts with this tag
Ant Group-Backed MYbank to Cease Asset Transfers from Alipay
Ant Group-backed e-payment solution MYbank recently announced that it would gradually stop asset transfers from Alipay to MYbank due to regulatory changes.
UISEE Technologies Raises Several Hundred Million Yuan in Round C Financing
On March 24th, UISEE Technologies, a cutting-edge driverless solution provider, officially announced the completion of a round C financing worth several hundred million yuan. This round of investment was led by Dongfeng Asset Management and Chongqing High-tech Holdings under Chongqing High-tech Development and Construction Investment Group. The funds will accelerate the broad-based expansion of UISEE Technologies in key strategic industries.
Embodied Robot Company 'LimX Dynamics' Completes 500 Million Yuan Series A Financing Round
Embodied Robotics Company 'LimX Dynamics' Completes 500 Million Yuan Series A Financing, with Alibaba Group Holding Limited Participating.
Lenovo's Revenue Growth Exceeds 100 Billion Yuan in 3 Years
On April 6th, Lenovo Group's 2023/24 fiscal year kick-off meeting was held in Beijing. Yang Yuanqing, Chairman and CEO of Lenovo, stated that over the past three years, the company's revenue has increased from ¥ 350 billion to ¥ 460 billion.
JD.com to Launch ChatGPT-style Product This Year
He Xiaodong, the Vice President of JD.com, which is one of China's largest e-commerce companies, announced on April 8 at a summit that the company will be launching an "industrial version" of ChatGPT called ChatJD this year.
WeChat Refutes Reports of Being Asked to Reduce Its Market Share
The central bank of China has enacted a regulation, effective from May, that presents a stringent stance towards monopolistic practices in the financial sector.
Amid Mounting Economic Pressure, XTransfer Helps Chinese SMEs Go Abroad
XTransfer, a Shanghai-based fintech startup established in 2017 by former Ant Group employees, is seeking to streamline Chinese cross-border e-commerce.
3/7/20224 min read
Baidu Responds To Delisting Rumor: ‘Still Considering A Secondary Listing’
On the evening of May 21, Reuters reported that Baidu was considering delisting from NASDAQ to boost its valuation. Baidu responded to The Economic Observer later claiming this was a false rumor.
3D Modeling Company Deemos Completes Tens of Millions of Dollars in Series A Financing
Chinese 3D modeling company Deemos completes tens of millions of dollars in Series A financing, with ByteDance as the lead investors.
AIsphere Received Funding of Over 100 Million Chinese Yuan
AIsphere is an AIGC visual multimodal algorithm developer, focusing on the research and development of AI video generation large models and applications.
China to Expand Digital Currency Pilot Programs, Questions Remain
China is set to expand its digital currency testing programs to more regions and cities, including some of the country’s most developed financial hubs.