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…
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…
FAST NEWS: SenseTime plummets on founder’s sudden death
The latest: China's leading artificial intelligence (AI) company SenseTime Group Inc. (0020.HK) announced Sunday its founder and executive director Tang Xiao’ou passed away on the evening of Dec. 15 at the…
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…
PODCAST: Baidu launches its ERNIE chatbot, and Baozun in a major new foreign tie-up
By Doug Young & Rene Vanguestaine Baidu has officially made its ERNIE chatbot available to the public, a half year after it first unveiled its answer to the ChatGPT sensation.…
U.S. tightens noose on outbound investment in cutting-edge China tech
A new executive order by President Joe Biden is the latest step by Washington to choke off U.S. funding for Chinese startups in sensitive areas like AI and microchips Key…
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