NewsHefei sets sights on aerospace information industry as the next frontierHefei is a city that does not shy away from investing heavily in technology. 4 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Lenovo signs USD 2 billion agreement with PIF’s Alat, HSBC leads Series A investment in Marketnode, eight China and India deals, and more4 mins read
China’s RMB 344 billion semiconductor fund signals a major push for tech self-sufficiency amid US restrictions. NewsBig picture: China boosts chip industry with massive new fund2 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Nvidia co-launches AI accelerator in Singapore, Merck acquires EyeBio, Amazon considering buyout of MX Player, and more4 mins read
Recent price cuts by Chinese AI players, including Alibaba Cloud, are pushing LLM prices to historic lows. NewsLLM prices hit rock bottom in China as Alibaba Cloud enters the fray3 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Beppo secures pre-seed funding, Y Combinator invests in Phonely, xAI completes Series B round, and more4 mins read
Luckin Coffee’s rapid expansion has positioned it as a dominant force in China’s coffee market, but at the cost of strained profit margins. NewsLuckin Coffee’s margins shrink amid expansion to outplay Starbucks4 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Hitseries Capital backs Vietnam-based WeSale, LiveIn extends pre-Series B round, Zypp Electrics raises USD 15 million, and more3 mins read
Advances in CCUS technology are laying the groundwork for the mass sequestration of atmospheric carbon in China. NewsUpscaling CCUS efforts might be the next step in China’s green tech push3 mins read