Backed by Chinese carmaker Great Wall, Haomo raises $14M for autonomous driving tech
[ad_1] After a few years of funding frenzy, autonomous driving companies in China are experiencing a slowdown in investment. Some companies are still hauling in capital, though the era of…
Read More »Tencent’s gaming cash cow Honor of Kings sets sights on MENA
[ad_1] Honor of Kings, Tencent’s massively popular mobile game, has its eye set on the international market in 2024. Starting on February 21, the multiplayer online battle arena (MOBA) game…
Read More »China’s generative video race heats up
[ad_1] On Monday, Tencent, the Chinese internet giant known for its video gaming empire and chat app WeChat, unveiled a new version of its open source video generation model DynamiCrafter…
Read More »Despite global frenzy, investor enthusiasm in China’s AI startups wanes
[ad_1] In 2023, the global frenzy around artificial intelligence, fueled by the advent of ChatGPT, swept across the world. In China, where OpenAI’s chatbot is unavailable, startups and tech incumbents…
Read More »Your robotaxi ride in China is monitored – with video and audio recordings
[ad_1] When it comes to spurring the development of cutting-edge technologies, the Chinese government is rather pragmatic in its policymaking process. In the field of autonomous driving, the country has…
Read More »China’s WeRide tests autonomous buses in Singapore, accelerates global ambition
[ad_1] After years of aggressive expansion at home, China’s autonomous vehicle upstarts are now setting their gaze on overseas markets. WeRide, in particular, has been on a licensing spree. On…
Read More »Vancouver’s Fantuan raises $40M to deliver real Chinese food at your doorstep
[ad_1] For those who move abroad from China, one thing they miss dearly is the convenience of food delivery apps. Fantuan, a Vancouver-based company, has been working on replicating the…
Read More »After two ambitious years, TikTok parent ByteDance starts mass layoffs in gaming
[ad_1] ByteDance’s gaming ambition has been an expensive, short-lived pursuit. In late 2021, the TikTok parent’s plans for video games came into the spotlight after it became one of the…
Read More »US chip export ban is hurting China’s AI startups, not so much the giants yet
[ad_1] Well before Washington banned Nvidia’s exports of high-performance graphic processing units to China, the country’s tech giants had been hoarding them in anticipation of an escalating tech war between…
Read More »SEC subpoenas PayPal over its USD-pegged stablecoin
[ad_1] Just three months after PayPal entered the fray to bring stablecoins to the masses, it’s attracting attention from U.S. regulators. The payments giant said Thursday that it had received…
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