NewsChinese unicorn UBTECH Robotics raises $820 million from Tencent-led consortiumThe company is valued at $5 billion. 1 min read
According to Comma Smart, its system achieved an accuracy rate of 95%, which can save 40% labor costs. InsightsLeveraging computer vision and AI technologies, Comma Smart helps convenience stores reduce labor costs3 mins read
Early this April, SenseTime (商汤科技) announced a fresh funding round of $600 million, just nine months after its then record-breaking (in the AI scene) Series B round of $410 million. Q&A$600 million on two things: Interview with SenseTime CEO XU Li. Part (1/2)6 mins read
A future where one making payment is tied in with their face may be imminent, but the business of monetizing personal data won’t be easy. NewsDeals | Alibaba invests in SenseTime to speed up AI adoption in real world cases3 mins read
Investments in education, healthcare, AI industry, AR/VR, automotive, photography and furniture industries NewsDeals | Deal book: Medical 3D printing Arigin raises Series A; AI startup Deepblue raises 200m A+ round2 mins read
Both Tencent and Baidu have previously tested their self-driving cars. NewsAlibaba Joins Self-driving Festival, Confirming Road Tests1 min read
The newly marketed speaker will run Baidu’s DuerOS. NewsBaidu Launches Amazon Echo Show-Like Smart Speaker in Ongoing Effort to Ramp up AI Ecosystem2 mins read
Former CEO of Alibaba LU Zhaoxi participated in Startdt’s US$ 3.8 million pre-A round. NewsDeals | Empowering Unmanned Retail with Big Data, Former Alibaba Executive’s AI Startup Startdt Raises US$ 3.8m5 mins read
The partnership is in line with Baidu’s “All in AI” strategy. NewsDeals | Baidu Invested in Internet TV Maker to Integrate AI and Smart TV2 mins read
NewsDeals in brief: Nul debuts with Wavemaker Impact backing, SkyeChip and Betterteem raise funding, Qualcomm snaps up VinAI’s generative AI unit, and more