Starbucks clears its China tables, as the robotics bubble quietly deflates
"There’s no way they can compete with Luckin Coffee and a cup of coffee at 9 yuan, They’ve got to go for the premium experience" – on Starbucks' decision to…
Dongshan Precision targets AI optics with Hong Kong listing
The maker of printed circuit boards is raising fresh cash from capital markets to fund an acquisition-led push into optical transceivers and chips for AI data centers Key Takeaways: Dongshan…
Infinigence takes its AI chip-translator pitch to Hong Kong investors
With ties to Tsinghua University, the AI infrastructure specialist has won backing from prominent tech and venture investors as it reportedly prepares for an IPO Key Takeaways: Infinigence has reportedly…
Manus ‘friends’ investors with $500 million fundraising as former buyer turns rival
Returning investors like the AI agent operator for its experience making and selling practical software as Meta and other tech companies compete for the same work Manus has raised more…
Deep Source’s data center foray gets yawn from investors
The commodities trader is moving ahead with construction of a $221 million, 67 MW data center project in Malaysia Key Takeaways: Deep Source is building a 67 MW data center…
Biren announces $518 million share placement
AI general-purpose graphics processing unit (GPGPU) supplier Shanghai Biren Technology Co. Ltd. (6082.HK) on Thursday announced a new share placement to raise HK$4.04 billion ($518 million). Combined with a previous…
AIGC reorganizes China’s content industry with humans still at the center
AI generated content is enabling one-person studios and cutting production costs, while human creativity remains at the heart of China’s content industry By CLS Marketwatch AI-generated content (AIGC) technology…