Sequoia Capital

Tech

AeroHT, flying car affiliate of Chinese EV maker Xpeng, raises US$150 million in financing

“The fresh capital will strengthen AeroHT’s research and development, realise mass production of our products and speed up the commercialisation…

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New Business

China’s private capital fundraising sinks to record low of US$3.4 billion on poor outlook

China-focused private capital fundraising tumbled to a new low of US$3.4 billion in the second quarter as investors turned their…

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Tech

Musk asks X followers if Tesla should sink US$5 billion into xAI

Elon Musk is asking his X followers whether Tesla should invest US$5 billion into his own AI start-up, saying he…

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Tech

US dollars exit China’s VC market, ending 2-decade marriage that enabled rise of start-ups

A sea change is taking place in China’s venture capital (VC) industry as the two-decade marriage between US investors and…

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Tech

SoftBank buys struggling UK chip start-up Graphcore in AI race

SoftBank Group has acquired British semiconductor start-up Graphcore, as the Japanese firm seeks to strengthen its investments in chips and…

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