Alibaba, Tencent Join Big Backers for Chinese AI Startup Zhipu

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Alibaba Group Holding Ltd. and Tencent Holdings Ltd. are among the influential Chinese investors that invested 2.5 billion yuan ($342 million) in AI startup Zhipu this year, part of a wave of capital flowing into a red-hot arena.

Sweden Power Crunch Can Be Eased With Offshore Wind, Orsted SaysMexican Industrial REIT Readies IPO to Tap Nearshoring DemandCountry Garden Default Is All But Official, Restructuring LoomsNvidia’s Top Gamer Graphics Card Caught Up in US-China Trade WarChinese Banks Keep Benchmark Rates Steady After PBOC HoldsIntel Is Among Companies to Pull Out of Web Summit After Israel RemarksIndia Pushes Back Against Russia Demands to Pay for Oil in YuanAsia Bank Margins to Dip as Rate Hikes Sink in, Bad...

8%, backing rate pauseWhat are economists expecting from Tuesday's inflation report?Israel Latest: Fresh Diplomatic Push Follows Gaza Aid PromisesDozens of Canadian Diplomats Leave India Amid Murder DisputeIndia Pushes Back Against Russia Demands to Pay for Oil in YuanChina’s Stance on Hamas a Key Point of Division, US Envoy SaysGrupo Mexico Being Pushed to Resume Cleanup of 2014 Mine SpillVulcan Seeks Biden Protection Against Mexico Port ExpropriationUS Nuclear Test Raises Concerns of New...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chinese AI-related firm Zhipu says it has raised over $341.8 million this yearExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »