Lianhe Sowell eyes big potential for machine vision AI with U.S. IPO plan
The company posted explosive revenue growth and became profitable in the last two years despite a history dating to 2007 Key Takeaways: Lianhe Sowell is seeking to raise $12 million…
FAST NEWS: SenseTime’s loss widens despite cost controls
The latest: Artificial intelligence (AI) company SenseTime Group Inc. (0020.HK) said its revenue fell 10.6% to 3.41 billion yuan ($472 million) last year, while its non-GAAP net loss rose 14.2% to 5.41…
Tuya’s losses narrow, but stock still looks pricey
The internet of things services provider’s gross margin hit a record high last quarter and its loss narrowed on strong performance for its platform as a service business Key Takeaways:…
FAST NEWS: SoftBank cuts SenseTime holding for seventh time in past year
The latest: Japan’s Softbank Group (9984.T) disclosed it sold 32.08 million shares of China’s leading artificial intelligence (AI) company SenseTime Group Inc. (0020.HK) at an average price of HK$0.9314 per share on Feb. 28, according…
Voicecomm talks up its prospects on big potential for conversational AI
The provider of software that facilitates human-to-computer communication has filed for a Hong Kong IPO that could value the company at about $500 million Key Takeaways: Shanghai Voicecomm has filed…
Baichuan seeks a place at China’s crowded chatbot table
The AI startup raised $300 million just six months after its founding, as it draws on its ties with Tencent to play catchup to older rivals Key Takeaways: Six-month-old chatbot…
Fourth Paradigm rides AI wave to IPO, but faces choppy waters
After three failed tries, the leading Chinese AI giant’s listing application was finally accepted by the Hong Kong Stock Exchange Key Takeaways: Fourth Paradigm’s IPO application has been accepted by…
Recent Articles
RELATED ARTICLES
-
MiniMax scores big new funds, but likely to need more in expensive AI race
- Voicecomm talks up its prospects on big potential for conversational AI
- Cirrus Aircraft: Flying too close to the heat of U.S.-China tensions?
- Drink, snack or shares? Vending machine brand Quna seeks IPO cash
- Fourth Paradigm rides AI wave to IPO, but faces choppy waters
- JST Group shows there’s still growth potential in China’s tough e-commerce market
- Cirrus sets course for IPO as China’s aviation ambitions soar
