SenseTime, a Beijing-based company, raised $620 million in its latest Series C+ round of fundraising, remaining the world’s most valuable and largest AI unicorn at a valuation of over $4.5 billion.
Singapore-based semiconductor manufacturer Broadcom Corporation suffered a major setback in its plans to acquire U.S.-based Qualcomm. The U.S. government announced that the merger and acquisition affects national security, prompting an investigation led by the U.S. Foreign Investment Commission.
Qualcomm hosted the 2018 Qualcomm China Technology and Cooperation Summit in Beijing, during which Qualcomm and leading Chinese manufacturers jointly announced a 5G pilot program.
Facebook has just taken a big step forward in VR. Oculus, its VR company, announced on Monday it would launch a VR device in China through a partnership with Xiaomi.
The iPhone X opens for pre-orders on October 27 and begins shipping on November 3. But a number of videos online appear to show users playing with iPhone X handsets on the subway.