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Tech

UAE Teams Up With Chinese Entities To Launch World’s First AI University

The United Arab Emirates (UAE) launched the world's first artificial intelligence university named Mohammad Bin Zayed University of Artificial Intelligence…

CMC Leads $100M Series B Round In Chinese Internet Literature Platform Midu

Chinese Internet literature platform Midu, comprised of Midu Novels and Midu Novels Lite, has secured US$100 million in a series…

Chinese Tencent Joins $585M Funding Round In Indian B2B Ecommerce Platform Udaan

Indian business-to-business (B2B) e-commerce platform Udaan announced that it has raised US$585 million in a new funding round, according to…

Sinovation Ventures Leads $14M Series B Round In Internet-based SaaS Medical Care Platform Ming Yi Zhong He

Internet-enabled medical platform Ming Yi Zhong He announces on Tuesday that it has raised more than RMB100 million (US$14 million)…

Ant Financial Leads Nearly $100M Series C Round In Chinese E-Signature Provider

Hangzhou-based electronic signature service provider Tsign has secured nearly US$100 million in a series C round of financing led by…

Temasek Leads $100 M Series C Round In Cloud-Based Software Firm Xforceplus

Cloud-based software company Shanghai Xforceplus Information Technology Co., Ltd. officially announced on Thursday that it has secured nearly US$100 million…

Alibaba’s EWTP Fund Leads $15M Series B1 Round In Chinese Cross-border Fintech Start-up

XTransfer, a Chinese cross-border financial technology company dedicated to serving foreign trade business-to-business (B2B) enterprises, has raised US$15 million in…

US Government Adds 28 More Chinese Firms Into Its Entity List

The U.S. Department of Commerce said on Monday that it has added 28 Chinese organisation into its so-called Entity List,…

China’s Self-Developed Aircraft Comac C919 Begins Batch Production

The Commercial Aircraft Corporation of China, Ltd. (Comac) announced on September 26 that it had began batch production for its…

China’s New Crewed Spacecraft Aims To The Moon

China is developing a new generation spacecraft for human spaceflight that would be used to send astronauts to the Moon…

Shenzhen Capital Group Leads Pre-A Round In Semiconductor Optics Developer Raysees

Raysees, Shenzhen-based high-tech company has raised tens of millions of RMB in a series pre-A funding round led by venture…

ZhenFund Leads $10M Round In An AI-Based Dialogue-Analysing Start-Up Recurrent.ai

Recurrent.ai, an AI-enabled dialogue-analysing start-up, announces on Thursday that it has raised around US$10 million in a series A funding…

Chip Designer Arm And Huawei’s Partnership Unaffected By US Restrictions

UK-based chip designer Arm confirmed its long-term partnership with Huawei and its semiconductor subsidiary HiSilicon despite U.S. restrictions on Huawei,…

Alibaba-Backed Big Data Solution Provider Dt Dream Raises $84M

Hangzhou Dt Dream Technology Co Ltd, a cloud computing and big data solution provider, announces on Thursday that it has…

Alibaba Unveils Its First AI Inference Chip Hanguang 800

Alibaba Group on Wednesday unveiled its first AI inference chip developed by T-Head under the Alibaba DAMO Academy, an initiative…

Tencent Joins $20M Round In Blockchain Start-Up Everledger

UK-based technology company Everledger announced on Tuesday that it has completed its US$20 million series A funding led by Tencent…

IDG Capital Leads $35M Round In Chinese Intelligent Platforms Service Start-Up Deepexi

Deepexi, a Beijing-based intelligent platform, announces at a press conference held in Beijing on Tuesday that it has raised US$35…

Legend Capital Leads $28M Round In Chinese Auto Parts Supplier Mancando

Chinese automotive parts supplier Mancando has raised RMB200 million ($28.19 million) in series A+ round of financing led by the…

Huawei Unveils Flagship Mate 30 Series In Europe Without Google Apps

Huawei unveiled its flagship Mate 30 series at its global launch event on Thursday in Munich, Germany. The new phone…

Huawei Unveils AI Computing Solutions Atlas 900 To Rival Google, Nvidia

Chinese telecommunications powerhouse Huawei unveiled Atlas 900, an AI computing solution the company claims to be the world's fastest AI…

Chinese AI-Enabled Computing Solutions Provider Iluvatar CoreX Closes Series B Round

Iluvatar CoreX, a Chinese artificial intelligence (AI)-enabled computing solutions provider, has raised hundreds of millions of yuan in a series…

SAIC Capital Invests In Chinese Intelligent Driving System Provider CalmCar

CalmCar, an intelligent driving system supplier, announces today that it has raised around RMB100 million (US$14.1 million) in a Series…

Ping An Global Voyager Fund Invests In Medical Imaging AI Startup Riverain Technologies

Ping An Global Voyager Fund, the venture investment arm of Ping An Insurance (Group) Company of China, Ltd., has led…

Chinese Satellite Developer Galaxy Space Completes New Financing Round

Beijing-based private satellite developer Galaxy Space has raised a new round of financing led by JIC Technology Investment, a member…

Asia-Focused PE Firm PAG To Buy $300M Convertible Notes From China’s LexinFintech

LexinFintech, a fintech platform for educated young adults in China, announced on Wednesday that it has entered into an agreement…

S&P Global Invests In Chinese Alternative Data Product Platform BigOne Lab

Chinese alternative data product platform BigOne Lab has raised a strategic investment worth millions of U.S. dollars led by S&P…

Chinese Bitcoin Tycoon-Backed GXChain Halted Amidst Police Crackdown

The Chinese authority has clamped down another domestic cryptocurrency project, shutting down the office of the popular and once well-funded…

ByteDance Completes Acquisition Of Chinese Wikipedia-Like Site Baike.com

ByteDance, the Beijing-based company behind the popular short-video app TikTok, has acquired Chinese Wikipedia-like website Baike.com to step up its…

Chinese AI-Enabled Phone Robot Developer Guiji Zhineng Completes Series B+ Round

Guiji Zhineng, a Chinese artificial intelligence (AI) applications developer, has raised hundreds of millions of yuan in a strategic investment…

Horizon Robotics Unveils Mass Production Of Automotive-Grade AI Chip in China

Chinese artificial intelligence (AI) chip maker Horizon Robotics announced on the second day of the World Artificial Intelligence Conference that…

HiScene Nets $34M To Deploy AR In Smart Manufacturing, Public Security

HiScene, a Chinese augmented reality (AR) start-up serving companies including Baidu, Tencent and Alibaba, announced on Wednesday the completion of…