Chinese AI firm SenseTime relaunches its $767 mn Hong Kong IPO
The firm is planning to sell 1.5 bn shares for between HK$3.85 and $HK3.99 each...
Tag : China technology
China introduces AI ethics as it aims to be global AI leader by 2030
The news rules and regulations are in line with China’s 2017 national AI strategy...
China’s biggest AI firm SenseTime files for Hong Kong IPO
by WebAdmin
The company was recently blacklisted in the US...
Chinese ride-hailing giant Didi suspends UK expansion plans
by WebAdmin
The plan to launch in the UK as well as Europe is now postponed by at least 12 months...
Didi in trouble for data violation after mega IPO
by WebAdmin
A China cyberspace regulator has asked the app to be removed after it was found that they were illegally storing customer data...
4Paradigm to build AI-enabled enterprise-level ecosystem
by WebAdmin
The AI giant secured $700 mn in its Series D funding round...
China Construction Bank sells $3 bn debt using blockchain
The bonds sale has been carried out in partnership with Hong Kong-based fintech firm Fusang...
Alibaba to invest $3 bn in Singapore’s ride-hailing giant Grab
The ecommerce giant will acquire some of the Grab stock held by Uber...
Chinese bitcoin mining machine manufacturer Ebang files for US IPO
The company has set a placeholder amount of $100 mn...
China to launch cryptocurrency in November through 7 major FIs
The launching of cryptocurrency will cut the costs of circulating traditional paper money...