NewsCHINA BRIEF | Alibaba-backed voice interaction company AISpeech closes USD 58 million Series E roundThe firm counts Xiaomi, SF, and Alibaba among its over 8000 clients. 1 min read
The company’s shares dived over 23% in after-hours trading. NewsCHINA BRIEF | Following Luckin Coffee, TAL Education discloses sales fraud2 mins read
Smart homes of the future will have interconnected, AI-powered devices customized to every user—at least if SimShine gets its way. InsightsAI edge computing to disrupt the home camera market: Inside China’s Startups5 mins read
China’s chatbot industry is estimated to be worth USD 2.1 billion. NewsCHINA BRIEF | SAIF-backed chatbot maker Xiaoneng closes USD 17.6 million Series C1 min read
Ant Financial already offers over 4,000 wealth management products. NewsCHINA BRIEF | Ant Financial and Vanguard launch robo-advisor on Alipay1 min read
The robotics firm will use the new funds for product development, supply chain establishment, and commercialization. NewsCHINA BRIEF | Beijing-based ForwardX Robotics secures RMB 100 million in Series B+ round1 min read
The six-month pilot program is part of a broader effort to modernize China’s judicial system through the use of technology. NewsShanghai judicial courts start to replace clerks with AI assistants2 mins read
The company is working on an education service and enterprise search engine based on natural language processing. NewsJapanese AI startup Cogent Labs nets USD 13 million to expand in Asia2 mins read
This tool can determine risk for acute respiratory distress syndrome, the fluid build-up in the lungs, with up to 80% accuracy. NewsNew AI tool can help pinpoint most vulnerable patients, says joint Chinese-US development team3 mins read
NewsDeals in brief: Accel backs Pave Bank, Endowus raises over USD 70 million, Hangry completes Series A5 round, and more