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Chinese AI startup StepFun to unwind offshore structure to pave way for IPOShanghai-based StepFun, which develops general-purpose foundation models, has decided an onshore corporate structure would be more appropri...- Chinese tech firms forced into 'blood listings' as capital dries upUnlike tech sector woes elsewhere, triggered mainly by rising interest rates, the misery in China comes from frothy tech markets and disrup...
- China needs to regulate its AI giants, tech watchdog saysProtecting national security as well as users’ interests and privacy should remain paramount as the adoption of AI rises, said Zhao Zeliang...
- Alibaba-backed AI startup Megvii files for IPO in ShanghaiThe startup, backed by Alibaba Group Holding Ltd., plans to issue up to 253 million Class B shares as the underlying stock for the CDR offe...
- Chinese companies are scrambling to survive Trump’s blacklistDonald Trump’s administration is increasingly adamant about containing China’s rise, arguing that companies like Huawei Technologies Co. st...
- Alibaba-backed tech company’s $1 billion IPO in perilThe US placed eight Chinese technology giants on a US blacklist on Monday.
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