Dtech does resources

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

Salubris refiles for Hong Kong IPO

Salubris refiles for Hong Kong IPO as generics lose steam

The producer of cardiovascular drugs is accelerating its shift towards innovative pharmaceuticals, under pressure from price cuts and expiring patents Key Takeaways: Salubris built its early success on generics, but…