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CHINESE AI COMPANIES
Nvidia buying artificial intelligence platform Hugging Face for $13 billionJensen Huang wrote in a blog post Thursday that more than 18 million developers, researchers and creators use Hugging Face to share more th...- Chinese AI firm Moonshot files confidentially for Hong Kong IPOMoonshot's latest version, Kimi K3 released in July, has met with positive reviews and robust demand, and sources have said the startup is ...
- If Europe's AI sovereignty relies on Mistral, 'we're doomed': French finance ministerEuropean sovereignty in artificial intelligence (AI) cannot depend on a single startup like Mistral, France's Finance Minister Roland Lescu...
- Uber, Wayve begin robotaxi rollout in London's busy streets as Europe takes cautious approachLondon is launching its first self-driving taxi service with Uber and Wayve. These electric vehicles will initially have human safety drive...
- Tech pilgrims flock to China as global innovation race heats upInvestors and entrepreneurs are paying thousands of dollars for rare access to Chinese factories, seeking a front-row seat to what many bel...
- Struggling GoPro sells majority stake to optical maker Starman for $285 millionStarman Optical will acquire struggling GoPro for $285 million in cash. This deal aims to repay GoPro's debt and navigate market challenges...
- Gupshup launches voice AI platform for businessesConversational messaging software provider Gupshup has launched a self-serve voice AI platform that enables businesses to build and run AI ...
- US to urge hands-off AI regulation at G-20, official saysLeaders are convening at a key moment in the AI sector's development and the global debate over how to govern it, and as the US faces an in...
- AI startup Manus resumes independent operations after China blocks Meta’s $2 billion dealManus has now resumed independent operations after the regulatory intervention in the deal. The company informed users about data backups n...
- From Tech NAM to NAS: India’s case for tech sovereignty through strategic choicesIt is crucial for countries to embrace a non-aligned sovereignty approach in artificial intelligence, enabling them to diversify their tech...
- Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO priceEnflame Technology, a prominent Chinese AI chip manufacturer, is set to raise over $900 million through its IPO in Shanghai. This initiativ...
- Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO priceEnflame is China's latest AI chipmaker to go public as Beijing steps up its tech self-sufficiency drive, with the United States banning e...
- Huawei H1 profit drop quickens to 36% on rising costs, R&D spendingThe Chinese technology company said net profit for January to June fell to 23.81 billion yuan ($3.54 billion), accelerating from a 32% drop...
- Global Market: China’s IPO boom gains momentum as AI, robotics fuel investor appetiteChina’s IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced technology companies. Hong Kong a...
- AI and robotics drive an IPO boom in China as Shein lists in Hong KongIn the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a...
- Huawei plans for more AI pharma tie-ups, says healthcare presidentThe move highlights Huawei's ambitions to gain a foothold in the fast-growing AI drug discovery market, where pharmaceutical companies are ...
- Global Market: China stocks rise as Nvidia outlook boosts AI and hardware sharesChina’s mainland stocks rose on Thursday, led by AI, semiconductor and hardware companies after Nvidia delivered an upbeat revenue outlook,...
- China's MiniMax sees revenue nearly quadruple in first half as AI demand surgesRevenue for the six months ended June 30 rose 283.1% from a year earlier to $116.6 million, reflecting surging demand for cheaper, open-s...
- China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharingThe discussions highlight how China's leading AI models, often far cheaper than Western offerings, are gaining traction in the US, despite ...
- China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharing, sources sayMoonshot AI is negotiating revenue-sharing deals with Microsoft, Amazon, and Google. These talks could allow US cloud providers to host its...
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