Propelled by ‘science for humanity,’ this Chinese AI startup sets sight on US
Amid rising geopolitical tensions, many Chinese tech companies find themselves recalibrating their overseas pursuits, often sidestepping any reference to their origin. One bold startup called DP...
View ArticleFacing roadblocks, China’s robotaxi darlings apply the brakes
A few years ago, robotaxis were the darlings of venture capitalists in China. A cadre of audacious startups, including Deeproute.ai, WeRide.ai, Pony.ai and Momenta reeled in hundreds of millions of...
View ArticleChina’s XPeng is bringing its Tesla FSD equivalent to overseas owners
XPeng, Tesla’s challenger from China, has its eye on the international market and plans to use its smart driving software as a selling point. The Guangzhou-based electric vehicle upstart said at an...
View ArticleDespite global frenzy, investor enthusiasm in China’s AI startups wanes
In 2023, the global frenzy around artificial intelligence, fueled by the advent of ChatGPT, swept across the world. In China, where OpenAI’s chatbot is unavailable, startups and tech incumbents...
View ArticleChina’s generative video race heats up
On Monday, Tencent, the Chinese internet giant known for its video gaming empire and chat app WeChat, unveiled a new version of its open source video generation model DynamiCrafter on GitHub. It’s a...
View ArticleAR glasses with multimodal AI nets funding from Pokémon GO creator
In the week when gadget lovers around the world are enchanted by Vision Pro, a young, brave startup is trying to carve out a space for its augmented reality device that features a form factor starkly...
View ArticleThis gaming startup tries to show ‘AI + crypto’ is not a fad
Before the world became fixated on artificial intelligence, thanks to generative AI’s advances, cryptocurrency was the darling of many investors. So when some venture capital firms started swiftly...
View ArticleAlibaba faces reckoning with once-vaunted ‘new retail’ strategy
In 2017, “new retail” began appearing in Alibaba’s earnings reports. Coined by the Chinese e-commerce behemoth, the term “new retail” refers to the seamless integration of online and offline retail....
View ArticleTencent’s gaming cash cow Honor of Kings sets sights on MENA
Honor of Kings, Tencent’s massively popular mobile game, has its eye set on the international market in 2024. Starting on February 21, the multiplayer online battle arena (MOBA) game will be available...
View ArticleChina’s Moonshot AI zooms to $2.5B valuation, raising $1B for an LLM focused...
The race to build the next big large language model is on, and now a contender out of China has reportedly banked a major round of funding to catapult it to the front of the pack. Moonshot AI, an...
View ArticleBacked by Chinese carmaker Great Wall, Haomo raises $14M for autonomous...
After a few years of funding frenzy, autonomous driving companies in China are experiencing a slowdown in investment. Some companies are still hauling in capital, though the era of bankrolling several...
View ArticleArmenia’s 10Web brings AI website-building to WordPress
Generative AI has done an impressive job in improving productivity in a wide range of areas, including website building. There’s no lack of tools that now allow one to generate web designs by simply...
View ArticleAlibaba staffer offers a glimpse into building LLMs in China
Chinese tech companies are gathering all sorts of resources and talent to narrow their gap with OpenAI, and experiences for researchers on both sides of the Pacific Ocean can be surprisingly similar. A...
View ArticleInitia raises $7.5M seed round to simplify blockchain development
It’s hard to keep track of crypto’s technical development, but one thing hasn’t changed much: blockchain applications are notoriously hard to build. This stems in part from their decentralized nature,...
View ArticleMorph Studio lets you make films using Stability AI–generated clips
Want to weave various Stability AI–generated video clips into a movie? Now there’s a tool for that. Morph Studio, which has its own text-to-video model, just introduced an AI filmmaking platform. The...
View ArticleEx-Meta employees’ Aptos tests Hong Kong’s crypto appetite
Ever since Hong Kong legalized cryptocurrency trading last June, blockchain projects from the West have been paying more attention to the Asian financial hub. Aptos, the a16z- and Tiger Global-backed...
View ArticleTaiko raises $37M to build web3 infrastructure for a censorship-free internet
Amid the speculation and volatility in the casino-like crypto land, there remains a subset of individuals who espouse blockchain’s potential to decentralize various aspects of human activities for the...
View ArticleThe CareVoice raises $10M Series B, bucking the funding slowdown in health tech
The field of insurance technology has had a rough time. About 7 years ago, early insurtech companies promised to disrupt the insurance industry with new tech, but today, most of those companies have...
View ArticleTikTok ban could harm Amazon sellers looking for alternatives
In March, the U.S. House of Representatives overwhelmingly passed a bill that could force ByteDance to divest TikTok or face a ban in U.S. app stores. Much of the related discussion and debate has...
View ArticleHD raises $5.6M to build a Sierra AI for healthcare in Southeast Asia
Chatbots have come a long way. For years, they were limited to responding with predetermined replies that followed a simple logic structure. But customers can have complex problems, and no tree-diagram...
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