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…
BRIEF: BrainAurora’s revenue nearly doubles but loss widens in first half of 2025
BrainAurora Medical Technology Ltd. (6681.HK) announced on Thursday that its revenue surged 92.8% year-on-year to 100 million yuan ($14 million) in the first half of this year. But the maker…
How China’s AI model applications are driving a new business landscape
AI competition is shifting from models to applications, creating new opportunities in consumer and enterprise markets while reshaping industries LeadLeo Research Institute As the rollout of new AI model…
BRIEF: Fourth Paradigm, Hyperstrong in AI power trading services joint venture
AI applications developer Beijing Fourth Paradigm Intelligent Technology Co. Ltd. (6682.HK) on Monday announced the formation of a joint venture with Beijing Hyperstrong Technology Co. Ltd. The venture, Energy Crystals…
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…
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…
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…
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