BRIEF: Deepexi Technology launches $90 million IPO
Enterprise AI application provider Deepexi Technology Co. Ltd. (1384.HK) launched its Hong Kong IPOon Monday, aiming to raise HK$710 million ($91.4 million) by selling 26.6 million shares for HK$26.66 each.…
Nasdaq gets tough on small Chinese IPOs, as an AI-fueled energy storage boom takes off
For a market that basically prides itself on protecting investors… I have to say I'm amazed that it has taken so long.
BRIEF: Robot developer Yunji Tech to raise $85 million in Hong Kong IPO
AI-powered robotics and service automation firm Beijing Yunji Technology Co. Ltd. (2670.HK) launched its Hong Kong IPO on Wednesday, aiming to raise about HK$660 million ($85 million) by selling 6.9…
Video podcast: Cango to build on bitcoin mining foundation with HPC pivot
Cango details the strategic pivot to transform from a pure-play crypto miner into an integrated energy and high-performance computing (HPC) platform. The multi-phase strategy leverages Cango's existing energy and computing infrastructure as a foundation to build a more diverse business model with revenues from mining, AI client services, and energy trading.
China tech: virtualizing debt, AI for daters
“If you come up with a potential weapon of mass destruction, you probably want to keep that a bit quiet in the hope that it will find a way to…
Hello Group takes ‘Cyrano approach’ in bid to rekindle China’s dating interest
The leading dating app has launched an AI-backed function that advises people on what to say to prospective dates, as it tries to return to revenue growth after five years…
Tuya accelerates AI strategy with 93% of shipped products featuring full AI integration
The global cloud platform service provider is taking extensive steps to incorporate AI into tools for its developers and the hardware and apps they create Key Takeaways: Tuya said about…
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