DiDi Aims to Disrupt Business Travel with Cutting-Edge Generative AI Integration

In a strategic move to redefine the landscape of business travel, Chinese ride-hailing giant DiDi is harnessing the power of generative artificial intelligence (AI). At the helm of this innovative endeavor is Chai Hua, the head of DiDi Travel’s Maps and Public Transport Division, leading an internal team dedicated to generative AI applications. This initiative… Continue reading DiDi Aims to Disrupt Business Travel with Cutting-Edge Generative AI Integration

Chinese Autonomous Driving Companies Race Toward Deployment, Baidu, WeRide And Pony.ai Make New Inroads

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DealShot: 12 Deals Reaching $100 Million Counting Nio Capital, Xinshang Capital And Others

China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money each workday. UNLOCK DATASubscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech Register Now Want to read… Continue reading DealShot: 12 Deals Reaching $100 Million Counting Nio Capital, Xinshang Capital And Others

DealShot: 11 Deals Surpassing $80 Million Involving Nio Capital, Lightspeed China Ventures And More

China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money each workday. UNLOCK DATASubscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech Register Now Want to read… Continue reading DealShot: 11 Deals Surpassing $80 Million Involving Nio Capital, Lightspeed China Ventures And More

DealShot: 13 Deals Exceeding $160 Million Counting Redpoint Ventures, Nio Capital And More

China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money each workday. UNLOCK DATASubscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech Register Now Want to read… Continue reading DealShot: 13 Deals Exceeding $160 Million Counting Redpoint Ventures, Nio Capital And More

DealShot: 13 Deals Eclipsing $780 Million With Co-stone Capital, Nio Capital And Many Others

China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money each workday. UNLOCK DATASubscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech Register Now Want to read… Continue reading DealShot: 13 Deals Eclipsing $780 Million With Co-stone Capital, Nio Capital And Many Others

NIO Capital Secures US$400 Million For Second USD Fund

NIO Capital, a venture investment fund backed by Chinese electric car maker NIO, announced today that it has closed the fundraising of its second US dollar fund, NIO Capital Eve ONE Fund II LP. The size of the current fund is about US$400 million US dollars, nearly twice the size of its first US dollar… Continue reading NIO Capital Secures US$400 Million For Second USD Fund

China Tech Digest: DeepRoute’s Autonomous Trucks Help Deliver Anti-epidemic Supplies; SIASUN Intelligent Welding Robot System Applied To Dam Construction

DeepRoute’s autonomous trucks help deliver anti-epidemic supplies Two autonomous light trucks developed by DeepRoute, a Chinese L4 full stack self-driving solution provider, have been used to deliver anti-epidemic supplies in the designated control areas for COVID-19 in Shatou Subdistrict, Futian District. A single self-driving light truck transported more than 500 boxes of materials, including nearly… Continue reading China Tech Digest: DeepRoute’s Autonomous Trucks Help Deliver Anti-epidemic Supplies; SIASUN Intelligent Welding Robot System Applied To Dam Construction

China Tech Digest: SenseTime AI Computing Center AIDC Starts Operation; Alibaba DAMO Academy’s TableQA Makes Table Speak

SenseTime AI computing center AIDC starts operation Chinese AI technology company SenseTime announced that its AI Computing Center (AIDC) will start operation today. AIDC is an open, large-scale, low-carbon advanced computing infrastructure, and an important computing power base for SenseCore’s AI devices, which are designed to have a peak computing power of up to 3740… Continue reading China Tech Digest: SenseTime AI Computing Center AIDC Starts Operation; Alibaba DAMO Academy’s TableQA Makes Table Speak

China Tech Digest: Xiaomi, Huawei Co-invest In Battery Manufacturer; Tencent Leads Issue Of First International “Zero Trust” Standard

Xiaomi and Huawei co-invest in battery manufacturer Beijing WeLion New Energy Technology Co., Ltd., NIO’s semi-solid battery supplier, will raise about RMB500 million from Xiaomi Inc. and Huawei Technologies. According to sources, Huawei, Xiaomi and Shunwei Capital have signed an agreement on the investment in August. Tencent leads the issue of first international “zero trust”… Continue reading China Tech Digest: Xiaomi, Huawei Co-invest In Battery Manufacturer; Tencent Leads Issue Of First International “Zero Trust” Standard