
AI Software Developer Baihai Technology Bags Tens of Millions of Yuan in Financing
AI software-focused Baihai Technology announced on Friday that it has completed tens of millions of yuan in financing led by Verity Ventures.
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AI software-focused Baihai Technology announced on Friday that it has completed tens of millions of yuan in financing led by Verity Ventures.

On Jan 15, Moonshot AI, Kimi's developer, launched its new multimodal image understanding model, Moonshot-V1-Vision-Preview. This release strengthens the multimodal capabilities of the Moonshot-V1 series.

The past week saw exciting news surface regarding several players in China’s AI and automation space, with one of the most prominent AI unicorns 4Padadigm raising two hefty rounds and adding another $1 billion to its valuation.

Pony.ai, a Chinese automated driving start-up, announced on March 22 that it has reached a strategic cooperation with leading unmanned vehicle developer Neolix in the field of unmanned distribution in China.

Beijing-based artificial intelligence (AI) computer chip startup Pingxin Technology has completed a pre-A round of financing, amid a global push to enhance chip technology and an ongoing semiconductor shortage.

The international department of the China Securities Regulatory Commission on July 29 disclosed approval materials for an overseas IPO submitted for review by 4Paradigm.

ByteDance's Douyin AI team published a technical report on their Seedream 2.0 text-to-image generation model on March 12, revealing comprehensive technical details for the first time.

Farmers in one of China’s main strawberry production areas are expecting increased output after deploying precision technology developed through a smart agriculture competition organized by domestic tech firm Pinduoduo.

Beijing-based intelligent automation firm Laiye announced its acquisition of Mindsay, a French conversational AI company.

On July 17th, Ctrip held a press conference in Shanghai and officially launched its vertical large-scale model product "Ctrip Wendao". According to James Liang, Chairman of the Board of Directors of Trip.com Group, Ctrip Wendao is the first vertical large-scale model developed by Ctrip itself in the tourism industry, with model parameters exceeding billions.

On May 30th, The Stock Exchange of Hong Kong documents showed that the artificial intelligence company Mobvoi submitted an IPO application to the exchange, aiming to become the first AIGC stock. China International Capital Corporation and CMB International Capital Holdings are joint sponsors.

Secoo, a Nasdaq-listed luxury e-commerce platform, announced on February 6 that it will explore the use of AI-generated content (AIGC) and ChatGPT-related technology. Its stock price soared by 127.55% to $3.80 on this news.