Thursday 11 July 2024
Chinese AI models show strength and resilience amid US sanctions
Chinese AI companies showcased resilience and innovation at the 2024 World AI Conference (WAIC 2024) amid the US's tightening AI chip export sanctions.
Thursday 30 May 2024
Chinese AI chipmakers face US ban but remain optimistic
Top Chinese AI chipmakers SenseTime, iFlytek, and Biren have all been included in the US Department of Commerce's Entity List.
Wednesday 25 October 2023
Tech industry layoffs continue
Uncertain demand recovery, along with the escalating trade dispute between China and the US, has resulted in a deluge of layoffs that shows no signs of letting up, according to industry...
Thursday 12 October 2023
US sanctions to hinder SenseTime's automotive business growth
China-based image recognition technology company SenseTime is ramping up its automotive sales as self-driving develops. The effort is critical to SenseTime because China's sluggish...
Tuesday 30 November 2021
Sensetime could become most valuable AI unicorn in China
Sensetime, a Chinese AI startup specializing in computer vision and deep learning, has been approved to list on the Hong Kong Stock Exchange and could become the most valuable AI...
Tuesday 14 September 2021
Megvii to list on STAR as China-based AI companies continue to suffer losses
Megvii Technology, a China-based artificial intelligence (AI) company, has finally received its notice of admission for listing on the Shanghai Stock Exchange Science and Technology...
Monday 1 June 2020
SenseTime to see difficulties in raising funds
SenseTime, a China-based startup developer of AI-based facial recognition, is expected to see difficulties in raising funds via IPO mainly due to impact of US-China trade disputes...