
Kingsoft Office Increases Investment in AI
On March 21st, Kingsoft Office officially released its 2022 financial report. It achieved an operating income of 3.885 billion yuan (about $ 0.56 billion), a year-on-year increase of 18.44%.
Showing 12 of 419 posts with this tag

On March 21st, Kingsoft Office officially released its 2022 financial report. It achieved an operating income of 3.885 billion yuan (about $ 0.56 billion), a year-on-year increase of 18.44%.

Autonomous driving technology company Haomo.AI released NOH (Navigation on HPilot3.0), an urban road version of its in-house developed Level 2 autonomous driving system.

The AI startup company Moonshot AI completed a new round of financing exceeding $1 billion, with investors including Sequoia China, Xiaohongshu, Meituan, Alibaba.

RoboSense, a pioneering AI-driven robotics technology company, envisions embodied robots transforming society, as shared by CEO Mark Qiu at the “Hello, Robot” event.

Leading artificial intelligence company Baidu on Sept. 30 announced that its Smart Living Group (SLG) has entered into definitive agreements with CPE, Baidu Capital and IDG Capital for Series A financing at a post-money valuation of approximately 20 billion yuan ($2.9 billion.)

On February 18th, Xingji Meizu announced a strategic adjustment, ceasing the development of traditional smartphone projects and going "All in AI."

On the morning of Jan. 23 local time, the World Economic Forum announced the establishment of the “Artificial Intelligence Council”, which will be co-chaired by Innovation Works CEO Kai-Fu Lee and Microsoft President Bradford L. Smith.

AI and Cloud were the VC focus in China this past week.

On August 31, startup company MiniMax launched its first video-generating large model.

Mobvoi officially went public on April 24th, becoming the 'first stock of AIGC', and may also become a pioneering force driving the large-scale model industry in China.

The Talking Tom Cat company is developing an AI voice interactive companion robot based on generative artificial intelligence technology.

Baidu's ChatGPT-like product ERNIE Bot was unveiled yesterday and subsequently caused huge fluctuations in its share price. Before the Hong Kong stock market opened today, Baidu's share price rebounded. Around 15:00 Beijing time, the share price rose by over 12% to HK $142.8 (about 18.2 $).