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THE BANK OF KUNLUN
Baidu AI chips growth: China faces shortage, Kunlunxin leads the marketBaidu is growing fast in AI chips in China, aiming to compete with Huawei and fill the gap left by Nvidia. Its Kunlunxin chips are used in ...
China's Baidu says its Kunlun chip cluster can train DeepSeek-like modelsBaidu has activated a 30,000-chip P800 cluster to support large-scale AI training, CEO Robin Li announced. At its developer conference, Bai...
G7 plans to warn small Chinese banks over Russia ties, sources sayU.S. officials expect the G7 wealthy democracies to warn smaller Chinese banks at the upcoming summit hosted by Prime Minister Giorgia Melo...
No increment for top execs at Flipkart; Indian-origin Punit Renjen in line to be next SAP chiefFlipkart's parent company Walmart on Wednesday said in its earnings call that it is happy to see the etailer expanding on its positive cont...
Fintech's moneymoonIn today’s ETtech Morning Dispatch newsletter: Fintech startups ClearTax and KreditBee in talks for more funding; A SPAC exclusively for In...
KreditBee gets $70 million more in Series C funding roundAccording to a source, KreditBee’s Series C funding round has provided an exit to Chinese investors Xiaomi, Shunwei Capital and Kunlun, whi...
ETtech Deals Digest: Edtech’ buying spree, Fintech’s funding juggernautTata signs $1.2 billion deal to acquire BigBasket. Unacademy acquires TapChief at a valuation of $100 million. Indian startups are testing ...
ETtech Morning Dispatch on Feb 15, 2021: India at crypto crossroadsHere's a look at the top tech news to start your day.
KreditBee gets $75 million in Series C funding from PremjiInvest, othersWith this funding round, KreditBee’s parent firm Finnov has cut its backing by China-based investors — including Xiaomi, Shunwei Capital an...
Premji, Mirae eye Chinese firms' stake in fintech lender FinnovThe deal comes after increasing restrictions on Chinese investments in India and will be one of the first few transactions involving a pote...
ByteDance investors seek to use stakes to finance TikTok bid - SourcesByteDance has been in talks to divest TikTok's North America, Australia and New Zealand operations to potential acquirers, including Micros...
Starved of openings, Chinese Cos cross Great Wall to IndiaFewer Chinese startups going public, uncertainty after trade spat with US & sobering of valuations post WeWork.
ByteDance, the world’s most valuable startup, weighs selling TikTokA TikTok stake sale would likely push back any initial public offering for ByteDance. The company has considered an IPO in the US or Hong K...
- China protests US sanctions against its bank
China has strongly opposed tough American sanctions on a Chinese bank over its transactions with Iran, saying the move could damage Sino-US...