9678.HK
Unisound does AI

AI company Unisound AI Technology Co. Ltd. (9678.HK) on Monday announced the official release of U2, which it described as an “agent-driven large model that enables the integrated delivery of full-stack development, intelligent orchestration and deep inference.”

Unisound said U2 is well-suited as a foundation for next-generation AI agents, with features that significantly reduce token usage per task, improving token efficiency.

The launch comes about a year after Unisound made its Hong Kong IPO, raising a modest HK$206 million ($26.3 million) by selling shares for HK$205 each. The stock initially rose as high as HK$856 – more than quadruple the IPO price – but has fallen since then and now trades below the listing price. It was down about 11% on Monday afternoon at HK$181.10 after the latest announcement.

By Doug Young

To subscribe to Bamboo Works free weekly newsletter, click here

Recent Articles

Miduoduo does e-commerce with TikTok

TikTok, Southeast Asia boost prospects for Miduoduo IPO

China’s fifth-largest marketing services provider for cross-border e-commerce customers is shifting to social media platforms and its own direct sales for growth Key Takeaways: Miduoduo has chalked up three years…