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Kai Fu-Lee's AI venture 01.AI enters unicorn club in just eight months

Sinovation Ventures' Kai-Fu Lee, who began recruiting the team for 01.AI in March, will also serve as the CEO of the new venture. ....

Wang Xiaochuan , Kai Fu Lee , Xiaomi Corp , Tencent Holdings , Baichuan Intelligent Technology , Alibaba Group , Sinovation Ventures , Meta Platform Llama , Tencent Backed Chinese , Hugging Face ,

Editor's take: The week that was — Sept 25-30

This week, the Indonesian government prohibited social commerce players from making direct transactions on social media platforms. ....

Republic Of , United States , Hong Kong , Asia Pacific , Bach Hoa Xanh , Abu Dhabi , Kenneth Gaw , Niva Bupa , Digiasia Biosposted , Enflame Technology , Trautec Medical Technology , India Serentica Renewables , Southeast Asia Women Economic Empowerment Fund , Power Finance Corp , Intercontinental Energy , Exchange Commission , Tiktok Shop , Southeast Asia , Varde Partners , Washington State Investment Board , Novo Tellus Capital Partners , True Light Capital , Southeast Asia Women , Economic Empowerment Fund , Sweef Capital , Intudo Ventures ,

Tencent-backed Chinese AI chip maker Enflame closes $274m Series D

At 2 billion yuan ($273.7 million), the Series D round is the largest venture financing raised by Enflame to date. ....

Zhang Yalin , Zhao Lidong , Tsinghua Unigroup , Enflame Technology , China Integrated Circuit Industry Investment Fund , Primavera Capital Group , China Big Fund , Tencent Holdings , Shanghai International Group , Tencent Backed Chinese , Summitview Capital , Hundreds Capital , Redpoint China Ventures , Advanced Micro Devices , Series Pre A ,

Tencent-backed Chinese AI chip maker Enflame closes $274m Series D

Tencent-backed Chinese AI chip maker Enflame closes $274m Series D
biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.

Shanghai International Group , Enflame Technology , Tencent Backed Chinese ,

Tencent-backed car services platform Tuhu wins approval for Hong Kong IPO

Tencent-backed Tuhu Car Inc has won the Hong Kong stock exchange's approval for its planned initial public offering (IPO). ....

Hong Kong , Tencent Holdings , Xiaomi Corp , Hurun Research Institute , Tuhu Car Inc , Tencent Backed Chinese , Joy Capital , Sequoia Capital China , China Insights Industry Consultancy ,