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BAIDU AI FUND
Korean AI chip startup DEEPX, Hyundai work on robots powered by generative AISouth Korean AI chip maker DEEPX is joining forces with Hyundai Motor Group. They will create a new computing platform for generative AI ro...- Korean AI chip startup DeepX prepares public share offeringThe on-device AI chip company, which works with Hyundai Motor and Baidu, plans to select banks to manage its initial public offering after...
- Large AI firms hoovering maximum funding, not enough for smaller startups: Y Combinator’s Ankit GuptaAnkit Gupta spoke to ET ahead of the accelerator’s Startup School event in Bengaluru on April 18 — the first in India. In order to tap aspi...
- Chinese startup ShengShu raises $293 million to advance artificial general intelligenceFounded in early 2023 by Tsinghua University alum Zhu Jun, ShengShu became the first Chinese company to release a video generation model wh...
- A year on from DeepSeek shock, get set for flurry of low-cost Chinese AI modelsOne year after Chinese startup DeepSeek rattled the global tech industry with the release of a low-cost artificial intelligence model, its ...
- Chinese AI stocks rise: Investors bet on Alibaba, Tencent, Metax, and Moore ThreadsGlobal investors are putting money into Chinese AI companies like Alibaba, Baidu, Tencent, MetaX, and Moore Threads. China is growing fast ...
- China’s AI wave turns into tsunamiAmerican cloud providers Microsoft Azure, Amazon Web Services as well as data service providers such as Databricks and Snowflake have begun...
- DeepSeek has rattled the AI industry; a quick look at other Chinese AI modelsChinese AI firm DeepSeek claims its R1 model rivals OpenAI's, despite resource limitations. This sparks concerns about China's AI progress,...
- Asian hedge funds eye Chinese tech leading AI charge in 2025A US ban on the export of advanced chips to China has caused many global investors to remain on the sidelines. But firms in China are devel...
- AI search startup Genspark raises $60 million in seed round to challenge GoogleThe funding is led by Singapore-based fund Lanchi Ventures and valued the startup, currently without revenue, at $260 million. Lanchi Ventu...
- Baidu, ByteDance, Tencent and Alibaba order $5 billion of Nvidia chips to power AI ambitions: FT reportAccording to the report, Baidu, TikTok-owner ByteDance, Tencent and Alibaba have made orders worth $1 billion to acquire about 100,000 A800...
- China's slow AI roll-out points to its tech sector's new regulatory realityOnce known for a cutthroat, "race to market" spirit particularly in the consumer internet sector, companies are slowing down to toe the lin...
- China's slow public AI roll-out points to its tech sector's new regulatory realityOnce known for a cutthroat, "race to market" spirit particularly in the consumer internet sector, companies are slowing down to toe the lin...
- China AI startup MiniMax raising over $250 million from Tencent-backed entity, others: reportThe deal comes amid a global AI buzz kicked off by ChatGPT that has spread to China, shoring up stocks in artificial intelligence firms and...
- China's Baidu launches $145 million venture capital AI fundThe company will also launch a competition for developers to build applications off its ERNIE large language model (LLM) or integrate the m...
- Chip war & censorship hobble Chinese tech giantsThe highly anticipated preview of "Ernie Bot" last week was limited to a pre-recorded demonstration with simple questions to summarise the ...
- AI startup Adept raises $350 million in fresh fundingThe funding came less than a year after it raised $65 million in April 2022, signaling strong investor interest in AI startups in an overal...
- Google unveils Bard, Baidu announces Ernie in AI chatbot battle; Paytm up 20% as investors repose confidenceIt’s been barely three months since OpenAI’s chatbot ChatGPT went live, and we already have Big Tech firms throwing their hat in the ring t...
- As ChatGPT takes the internet by storm, here’s what its rivals are up toThe chatter around disruptive chatbot ChatGPT has made Google declare “Code Red” meaning pulling the fire alarm.
- Chinese search giant Baidu to launch ChatGPT-style botChina’s largest search engine company plans to debut a ChatGPT-style application in March, initially embedding it into its main search serv...
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