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36Kr (EN)

From left to right: Benjamin Droguet, founder and CEO of Sparxell, Tien Nguyen, founding partner of Earth Venture Capital, and Simon Kew, COO of Sparxell.

Angel Investing

Investment

Merger &amp; Acquisition

Private Equity

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Venture Capital

Europe

Singapore

Vietnam

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Deals in brief: Earth VC backs UK-based Sparxell, Grab’s acquisition of Trans-cab falls through, five China deals, and more | KrASIA

Home

Deals in brief: Earth VC backs UK-based Sparxell, Grab’s acquisition of Trans-cab falls through, five China deals, and more

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

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KrASIA Writers

Bringing together the latest business insights and trends of China's tech ecosystem.

China Tech

Li Auto

Electric Vehicles

Mobility

Tang Jing, manager of Li Auto’s flagship product line, asserts that the Chinese automaker stays competitive by prioritizing user value.

Is Li Auto’s commitment to maximizing user value its moat? | KrASIA

Is Li Auto’s commitment to maximizing user value its moat?

36Kr is China's most influential business and technology network. Since 2010, 36Kr has been providing high-quality content around China’s innovation and new economy trends. With the traffic and network it has built, 36Kr has developed a comprehensive database and strong data analytics capabilities of the technology landscape in China.

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36Kr English

Young entrepreneurs are using arcade games to grab low-rent opportunities.

Hong Kong's rise of the claw machines reflects property fall | KrASIA

Hong Kong&#8217;s rise of the claw machines reflects property fall

As part of 36Kr’s ongoing partnership with Nikkei, you can read selected content from Nikkei Asia on KrASIA.

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Nikkei Asia

Deep Tech

KrASIA | Deep Tech Archives

ByteDance or Beijing ByteDance Technology Co Ltd. is a Chinese Internet technology company operating several machine learning-enabled content platforms, headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance's core product, Toutiao, is a popular content platform in China.

Bytedance

In computer science, artificial intelligence (AI), sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans and animals.

Chinese short video giant ByteDance has started to develop cloud AI and server chips based on ARM architecture, Semiinsights.com reported on Tuesday, citing sources with knowledge of the matter. The company, which owns TikTok and Douyin, has been recruiting semiconductor talent to be based in Beijing and Shanghai for about one month, information on recruitment site Liepin shows. ByteDance declined to comment when contacted by KrASIA on Tuesday.

ByteDance to design AI chips amid China’s tech independence drive | KrASIA

ByteDance to design AI chips amid China’s tech independence drive

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Song Jingli

Baidu

Kunlun, the AI chip unit of internet giant Baidu (NASDAQ: BIDU), has reportedly reached a valuation of USD 2 billion after a new round of funding. CITIC Private Equity Funds Management was leading the fundraising that was joined by a group of investors including IDG Capital and Legend Capital, an unidentified source told Reuters.

KEY STAT | Baidu closes funding round for AI chip segment | KrASIA

KEY STAT | Baidu closes funding round for AI chip segment

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Julianna Wu

The focus is on quantum technology, which will affect economic competitiveness in the medium and long term. The US has been the front-runner of the world in various technologies, but in quantum technology, China is taking the lead. Cooperation with allies such as Japan will be key for the administration of US President Joseph Biden to keep his country competitive in this area.

China emerges as quantum tech leader while Biden vows to catch up | KrASIA

China emerges as quantum tech leader while Biden vows to catch up

Semiconductors

The company could be a beneficiary of the global chip shortage due to growing demand.

Chinese chipmaker SMIC inks deal worth USD 1.2 billion with ASML | KrASIA

Chinese chipmaker SMIC inks deal worth USD 1.2 billion with ASML

Wency Chen is a reporter KrASIA based in Beijing, covering tech innovations in&amp;beyond the Greater China Area. Previously, she studied at Columbia Journalism School and reported on art exhibits, New York public school systems, LGBTQ+ rights, and Asian immigrants. She is also an enthusiastic reader, a diehard fan of indie rock and spicy hot pot, as well as a to-be filmmaker (Let’s see). Follow her on Twitter: @ChenWQ45 Tips go to: wency@kr-asia.com

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Wency Chen

MENA

The center will foster collaborations with the military and with public institutions in industry and the community.

Tel Aviv University launches new center for AI, data science | KrASIA

Tel Aviv University launches new center for AI, data science

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NoCamels

Japan, Korea, and the West

Israeli cloud storage processor startup Pliops announced that it has closed a USD 65 million funding round, led by Koch Disruptive Technologies (KDT).

Nvidia, Intel back USD 65 million funding round for Israeli startup Pliops | KrASIA

Nvidia, Intel back USD 65 million funding round for Israeli startup Pliops

Read stories of Travel service providers, platforms or the trending of the travel industry.

Travel

State-owned military suppliers CETC and Potevio prepare for US sanctions.

China to create 'IT aircraft carrier' through tech megamerger | KrASIA

China to create &#8216;IT aircraft carrier&#8217; through tech megamerger

Top-tier AI chip companies are sought after, while mediocre startups will find difficulty in financing

Entertainment is a form of activity that holds the attention and interest of an audience or gives pleasure and delight. 

Entertainment

The company, which was founded only recently, is already a unicorn.

Chinese GPU startup Moore Threads raises billions of yuan to take on Nvidia | KrASIA

Chinese GPU startup Moore Threads raises billions of yuan to take on Nvidia

ZTE woes may steer China’s AI chip development into a different direction

TSMC and UMC activate water-supply plans as reservoirs face depletion in 60 days.