BRIEF: Fourth Paradigm to raise $107 million in share placement
AI applications developer Beijing Fourth Paradigm Technology Co. Ltd. (6682.HK) announced on Thursday that it will place 25.9 million shares to Infini Global Master Fund, representing 8.07% of the enlarged…
Moore Threads taps China IPO investors as it faces challenges, opportunities
The GPU maker hopes to benefit from China’s drive to develop its domestic chip industry, as it navigates growing obstacles from U.S. sanctions Key Takeaways: Moore Threads has filed for…
NEWS WRAP: Unisound IPO offers up vertically integrated AI stack for investors
The provider of AI services for a wide range of business customers raised $41 million in its Hong Kong listing, and could raise more in the coming months with secondary…
PPIO eyes next AI frontier with plans to boost computing power
The provider of cloud services wants to upgrade its systems as AI moves into the mainstream, demanding greater processing capacity and speed Key Takeaways: The loss-making company has filed for…
Data is king: Why content creators must rethink their role in the AI era
Content creators may feel the most profound shift and play a more important role as data becomes a strategic asset in the AI era By Lee Shih Ta As…
BGM transformed by rapid series of AI acquisitions
The company looks set for big growth after adopting a Salesforce-like strategy of acquisitions and expansion to build an AI productivity platform Key Takeaways: BGM has been rapidly transforming from…
RoboSense steers towards profits as LiDAR gains traction
The maker of sensors for assisted driving and robotics suffered a revenue dip in the first quarter but moved closer to its breakeven target Key Takeaways: The company managed to…
