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AI

BRIEF: SenseTime raises $318 million in share placement at 6.25% discount

Artificial intelligence company SenseTime Group Inc. (0020.HK) announced on Thursday that it will raise HK$2.5 billion ($318 million) by placing around 1.67 billion new Class B shares at HK$1.50 per…
July 24, 2025
0020.HK
Qidian Guofeng tries on ‘AI halo’ in move to boost business

Qidian Guofeng tries on ‘AI halo’ in move to boost business

The company, which is developing an online-merge-offline (OMO) new consumption platform, swung to a 2.23 billion yuan loss last year on asset impairments  Key Takeaways: Qidian Guofeng has signed a…
July 22, 2025
1280.HK

BRIEF: Fourth Paradigm to raise $107 million in share placement

AI applications developer Beijing Fourth Paradigm Technology Co. Ltd. (6682.HK) announced on Thursday that it will place 25.9 million shares to Infini Global Master Fund, representing 8.07% of the enlarged…
July 17, 2025
6682.HK
Moore Threads files for IPO

Moore Threads taps China IPO investors as it faces challenges, opportunities

The GPU maker hopes to benefit from China’s drive to develop its domestic chip industry, as it navigates growing obstacles from U.S. sanctions Key Takeaways: Moore Threads has filed for…
July 7, 2025
Unisound makes trading debut

NEWS WRAP: Unisound IPO offers up vertically integrated AI stack for investors

The provider of AI services for a wide range of business customers raised $41 million in its Hong Kong listing, and could raise more in the coming months with secondary…
June 30, 2025
9678.HK
PPIO eyes next AI frontier

PPIO eyes next AI frontier with plans to boost computing power

The provider of cloud services wants to upgrade its systems as AI moves into the mainstream, demanding greater processing capacity and speed Key Takeaways: The loss-making company has filed for…
June 27, 2025
data becomes a strategic asset in the AI era

Data is king: Why content creators must rethink their role in the AI era

Content creators may feel the most profound shift and play a more important role as data becomes a strategic asset in the AI era    By Lee Shih Ta As…
June 18, 2025
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Recent Articles

July 24, 2025

BRIEF: SenseTime raises $318 million in share placement at 6.25% discount

0020.HK
July 22, 2025

Qidian Guofeng tries on ‘AI halo’ in move to boost business

1280.HK
July 17, 2025

BRIEF: Fourth Paradigm to raise $107 million in share placement

6682.HK
July 7, 2025

Moore Threads taps China IPO investors as it faces challenges, opportunities

June 30, 2025

NEWS WRAP: Unisound IPO offers up vertically integrated AI stack for investors

9678.HK
June 27, 2025

PPIO eyes next AI frontier with plans to boost computing power

June 18, 2025

Data is king: Why content creators must rethink their role in the AI era

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