China added a unicorn a week in 2023 : vimarsana.com

China added a unicorn a week in 2023

China last year bred an average of one new unicorn each week amid frenzied growth in the country’s artificial intelligence (AI) sector, bucking a declining trend in global venture capital investments, according to a new research report, reports the South China Morning Post. The nation added 56 unicorns—start-ups valued at more than $1 billion—in 2023,…

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