venture capital

New Business

Can China fund its AI ambitions? Ex-Google CEO Eric Schmidt casts doubt

China’s designs on supremacy in artificial intelligence could be hindered by a funding gap in the sector, according to former…

Read More »
New Business

Robot maker AgiBot seeks stake in Shanghai-listed firm in potential back-door listing move

Tencent Holdings-backed AgiBot plans to acquire a controlling stake in a Shanghai-listed company for roughly 2 billion yuan (US$279 million),…

Read More »
New Business

Hong Kong’s international financial centre role gives it an edge in AI market, experts say

“For AI companies, having easy access to capital is extremely important,” SenseTime chief financial officer Wang Zheng said in a…

Read More »
New Business

Tencent-backed StepFun aims to stand out in China’s AI race with multimodal models

Tencent Holdings-backed artificial intelligence (AI) start-up StepFun is doubling down on multimodal models, a strategic move that highlights how Chinese…

Read More »
New Business

Asia-Pacific venture capital funding hits decade low as US steals limelight, KPMG says

Venture capital investment in Asia-Pacific fell to the lowest level in more than a decade last quarter, while mega deals…

Read More »
New Business

China’s robotics star Unitree warns of scams as investors seek a way in

Unitree Robotics, one of the hottest start-ups in China, issued a warning about scams that aimed to exploit growing interest…

Read More »
New Business

Bold and bountiful: China’s newest investment buzzword encourages risky capital plays

Amid sluggish economic growth and weak investor confidence, China is championing “bold capital” – a new initiative to steer investments…

Read More »
New Business

Hong Kong investment arm funds 80 start-ups as war chest swells

The Hong Kong government’s two-year-old investment arm is mounting an aggressive and wide-ranging deal-making push to bolster innovation, putting money…

Read More »
Tech

Former Huawei ‘Genius Youth’ recruit launches humanoid robots to rival Tesla’s Optimus

“We have made some breakthroughs … in product research and development in the past year, and we’re now at the…

Read More »
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…

Read More »
Back to top button