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
Author: China Money Network Online News
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
China Tech Digest: Tencent Cloud Opens Data Center In South America; Baidu Apollo Acquires First Paid Robotaxi Service Order
Tencent Cloud opens data center in South America Tencent Cloud has opened its first data center in South America, located in Sao Paulo, Brazil. Tencent Cloud will provide customers in Brazil and other areas of South America with high-quality flexible computing, storage, big data, AI, security and other cloud services, and will export customized solutions… Continue reading China Tech Digest: Tencent Cloud Opens Data Center In South America; Baidu Apollo Acquires First Paid Robotaxi Service Order
China Tech Digest: Xiaomi Will Announce Its EV Factory Location Next Week; Yitu Technology Considering HK IPO
Xiaomi will announce its EV factory location next week Evergrande Group is currently negotiating with a number of new automakers such as Nio, Xiaopeng Motors and Xiaomi to sell its electric vehicle business. Up to now, the results of negotiations have not been finalized. However, Xiaomi will still choose to build its own car, and… Continue reading China Tech Digest: Xiaomi Will Announce Its EV Factory Location Next Week; Yitu Technology Considering HK IPO
China Tech Digest: NIO Eyes On Low-end Market; Tencent Music To Launch Crypto Art Platform
NIO eyes on low-end market, former Wework executive taking in charge Ai Tiecheng, former general manager of WeWork China, has joined NIO as the vice president of strategic new business, reporting directly to NIO’s CEO Li Bin, according to several sources. The new business unit that Ai Tiecheng is responsible for is an independent sub-brand,… Continue reading China Tech Digest: NIO Eyes On Low-end Market; Tencent Music To Launch Crypto Art Platform
China Tech Digest: Tesla Claims To Establish Data Center In China; Neolix Self-driving Delivery Vehicle Permitted To Operate On Road
Tesla: We have established a data center in China to achieve data storage localization Tesla stated on its official Weibo account that we have established a data center in China to localize data storage and will continue to add more local data centers. All data generated from the sales of vehicles in the Chinese mainland… Continue reading China Tech Digest: Tesla Claims To Establish Data Center In China; Neolix Self-driving Delivery Vehicle Permitted To Operate On Road
China Tech Digest: Keep Plans $500M U.S. IPO; Pony.ai Approved To Test Autonomous Vehicle In California
Keep plans to conduct a U.S. IPO of up to US$500 million Chinese fitness mobile app Keep, backed by SoftBank and Tencent, plans to conduct a U.S. IPO of up to US$500 million. Pony.ai approved to test autonomous vehicle in California Chinese self-driving start-up Pony.ai has obtained permission from the California Department of Motor Vehicles(DMV)… Continue reading China Tech Digest: Keep Plans $500M U.S. IPO; Pony.ai Approved To Test Autonomous Vehicle In California
China Tech Digest: Upmarket Car Brand Co-created By Changan And Huawei Will Be Launched This Month; BYD Will Ship 1,500 Tang EVs To Norway
Upmarket car brand co-created by Changan and Huawei will be launched this month The upmarket new energy car brand (temporarily named AB brand) jointly created by Changan Auto, Huawei and CATL will be unveiled soon. Tan Benhong, executive vice president of Changan Auto, stated that Changan New Energy and AB Auto are two independent companies… Continue reading China Tech Digest: Upmarket Car Brand Co-created By Changan And Huawei Will Be Launched This Month; BYD Will Ship 1,500 Tang EVs To Norway
China Tech Digest: TuSimple Expected To Raise $800M To $1B In U.S. IPO; Tencent Launches E-signature Platform
TuSimple expected to raise US$800 million to US$1 billion in U.S. IPO The listing time of Chinese autonomous truck solutions provider TuSimple is tentatively scheduled on April 15th. Prior to that, TuSimple submitted an IPO application to the U.S. Securities and Exchange Commission, planning to list on the Nasdaq Stock Exchange. If the issuance goes… Continue reading China Tech Digest: TuSimple Expected To Raise $800M To $1B In U.S. IPO; Tencent Launches E-signature Platform
China Tech Digest: ByteDance’s Valuation Closes To $400bn; Volkswagen May Buy Carbon Credits
London, United Kingdom – October 05, 2018: Close-up shot of musical.ly Inc.’s popular app TikTok – including musical.ly. ByteDance’s valuation is reported to be close to US$400 billion Several people familiar with the matter said today that for private equity investors, the valuation of ByteDance, the parent company of Douyin, is approaching US$400 billion. If… Continue reading China Tech Digest: ByteDance’s Valuation Closes To $400bn; Volkswagen May Buy Carbon Credits