NewsTencent takes Sogou private in acquisition dealSogou is China’s second largest search engine with 14.3% of the market share. 2 mins read
The company currently serves 800 enterprise clients, 100,000 merchants, and 20 million consumers worldwide. NewsFintech developer Advance Intelligence Group raises USD 400 million, reaches USD 2 billion valuation1 min read
SenseTime and Yitu Technology, two of China’s four loss-making “AI dragons,” have few options other than to go public to raise capital. NewsChina’s money-hungry AI firms seek IPOs in Hong Kong2 mins read
China’s search giant is scaling its robotaxi operations and increasingly applying its AI technology in urban management. NewsBaidu’s Q2 results meet expectations but outlook dims amid COVID-19 resurgence2 mins read
The Israeli startup counts government agencies, social media companies, video game companies, and streaming sites as clients. NewsAI-powered malicious content detection startup ActiveFence raises USD 100 million2 mins read
The company can simulate the interaction between different materials in real-time, enhancing the collaborative design process. NewsFabric simulator Heartdub nabs investment to develop AI physics engine2 mins read
AI solutions in healthcare are becoming increasingly commercialized as the sector matures. NewsAI medtech startup InferVision raises USD 139 million in Series D for predictive medicine1 min read
The company uses big data and AI to improve the operational efficiency of clothing brands in China. NewsBig data engine LineZone Data nets investment to empower fast fashion in China2 mins read
The other “dragons”—Yitu, SenseTime, and Megvii—are in varying stages of their IPO processes. NewsCloudwalk to be the first of China’s 4 ‘AI dragons’ to go public2 mins read
