BRIEF: SenseTime to raise $405 million via share placement at 8.6% discount
AI company SenseTime Group Inc. (0020.HK) said on Thursday it will raise HK$3.15 billion ($405 million) by placing around 1.75 billion new Class B shares at HK$1.80 per share, representing…
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…
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