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KUAISHOU TECHNOLOGY
Tencent unit seeks up to $1.55 billion from short-video company Kuaishou share saleThe Tencent unit is offering about 273 million Kuaishou Class B shares at HK$43.15 ($5.50) to HK $44.53 each. The range values the sale at...
Alibaba, Tencent back Kuaishou's Kling AI in $2.8 billion fundraiseChinese tech giant Kuaishou's AI video unit, Kling AI, has secured over 19 billion yuan ($2.80 billion) in funding from investors including...
China’s Netflix expects AI to create bulk of shows in five yearsIQiyi Inc. is set to transform its operations, anticipating AI will generate most films and shows within five years. The company is launchi...
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...
Kling AI Redefines Storytelling Rules with Revolutionary Anthology Series 'Loading…'In an era defined by rapid AI acceleration and creative disruption, Kling AI’s new anthology series ‘Loading…’ stands as a landmark moment....
Chinese firms unveil AI tech that rivals American systemsDuring the World Artificial Intelligence Conference in Shanghai, Chinese firms launched advanced AI tech competing with American counterpar...
China is closing the AI gap with the United StatesWhile the United States has had a head start on AI development, China is catching up. In recent weeks, several Chinese companies have unvei...
Alibaba to Baidu, Chinese firms working on ChatGPT-style AI technologyOn April 11, e-commerce giant Alibaba Group showed off its AI large language model called Tongyi Qianwen, saying it would be integrated int...
Chinese tech firms working on ChatGPT-style technologyLike Microsoft and Google, Chinese tech giants such as Baidu and Alibaba as well as smaller start-ups have been working on AI projects for ...
Chinese government acquires stake in video platform Kuaishou, a TikTok rivalThe Chinese government acquired a modest but significant equity position in Kuaishou, China's second-largest short video platform and a dir...
Chinese social media platforms to ‘rectify’ financial self-media accountsThis follows an announcement by Cyberspace Administration of China that it would look into accounts that have repeatedly released financial...
China Telecom surges in 2021’s biggest listing, passing KuaishouChina Telecom could be followed by more listings by Chinese companies in the mainland or Hong Kong, as Beijing extends a crackdown on local...
China regulators held talks with Alibaba, Tencent, nine others on 'deepfake' techChina's cyberspace administrator said in a statement on Thursday that it and the public security ministry met with the companies to talk ab...
Short-video app Lomotif is set to enter IndiaThe imminent entry comes at a time when the short-video space has gone through a big shift following the ban on leading Chinese players inc...
ETtech Morning Dispatch on March 1, 2021: Govt vs WhatsApp (again)Here's a look at the top tech news to start your day.
Kuaishou IPO valuation lights up India’s short-video spaceIndian short-video apps—from Sharechat’s Moj to MXPlayer’s MX TakaTak—see the blockbuster Kuaishou IPO as underscoring the massive potentia...
Bytedance rival Kuaishou aims to raise up to $5.42 billion in Hong Kong IPOKuaishou operates apps that allow user-uploaded videos as well as live-streaming programs through which vendors can promote consumer produc...
Digital policy think tank seeks ban on Snack Video appTencent-backed Kuaishou Technology’s other short-video app, Kwai, was among those banned and is no longer available on the Google Play stor...
Snack Video, Zili, Resso and several others escape China apps banSnack Video is a Singapore-based app that is seen as a TikTok alternative and whose parent, Kuaishou Technology, is a popular Chinese softw...
Chinese TikTok clones vying to click with Indians, three now in Google Play Store's top 10 listA raft of Indian short-video apps, such as Trell, Bolo Indya, Chingari and Mitron, have not been far behind, aggressively trying to fill Ti...