shanghai
U.S.-China decoupling is expected to discourage cross-border investments between the two superpowers as investors shy away from sanctions and geopolitical risks. But in some areas, Chinese investors and American tech…
Tesla is looking to hire recruiters in Quebec for a “high-volume” effort, indicating the automaker’s plans to grow in Canada. A job posting by the global battery-electric brand seeks “an…
Zilliz, the startup behind the Milvus open source vector database for AI apps, raises $60M, relocates to SF
In 2020, Chinese startup Zilliz — which builds cloud-native software to process data for AI applications and unstructured data analytics, and is the creator of Milvus, the popular open source…
Some parts of China are suffering from record high temperatures in the past few weeks, prompting local governments to halt industrial power use, including those of battery plants. When news…
China is a notoriously difficult market for international startups to crack, but one company seems to have found the recipe for wooing the country’s picky consumers. Three years after Eat…
Rivian, the EV startup that went public last year in one of the largest IPOs in U.S. history, has bucked the trend set by Tesla and other EV makers during…
Hong Kong-based drug discovery and development company Insilico has secured fresh capital at a time that its CEO described as a “biotech winter.” The firm has raised $35 million on…
Baidu, the Chinese search engine giant that has plowed money into AI and autonomous vehicle technology, unveiled Wednesday a new all-electric robotaxi that it plans to deploy at scale across…
Elon Musk has dominated this summer’s headlines beyond the EV business he’s trying to scale. During the first half of July, the Tesla CEO commanded attention for adding twins to…
After flagging concerns over the financial risks associated with non-fungible tokens, some of China’s authorities are putting forward guidance on how to best make use of the novel technology. The…
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A huge data leak of 1 billion records exposes China’s vast surveillance state
A massive store of data containing information on about one billion Chinese residents could be one of the biggest breaches of personal information in history. Portions of the leaked data appeared last week on a known cybercrime forum from someone selling the cache for 10 bitcoins, or about $200,000, and…
Insilico Medicine, a Hong Kong-based company that has been using artificial intelligence to discover new drugs since 2014, has completed a fresh round of funding. It’s a sign that certain…
Cisco’s acquisitive approach has helped it report decent revenue growth over the years, but the disruption dogs might have finally caught up.
There’s no lack of startups around the world trying to make industrial activities more efficient with artificial intelligence. Some invent robots to assist or replace manual labor, while others use…
As usual, it’s been a dramatic quarter for Tesla. Tesla, which will announce its first-quarter financial results Wednesday, has benefited from a global surge in consumer demand for electric vehicles…
The autonomous driving industry in China has enjoyed a boom over the past two years, with both institutional and corporate investors pouring money into a driverless future. Companies thriving in…
2022 is not looking any easier to many Chinese tech companies. The slew of new cyberspace regulations introduced over the past year or so, from anti-competition rules to restrictions on…
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What’s driving China’s autonomous vehicle frenzy?
China’s autonomous vehicle industry saw a period of unprecedented acceleration in 2021, with over $8.5 billion invested in robotaxi startups, self-driving truck developers and equipment makers.
China’s call to foster semiconductor independence has sent investors chasing after chip startups of all sorts. Moffett AI, a Shenzhen-based chip design company, has received a fresh Series A injection.…
Autonomous driving startups in China are in an arms race to put passengers in their machine-driven vehicles. Every few weeks, news arrives that another major player has got the greenlight…
Yahaha Studios, a platform for building no-code, immersive games, raised $50M in 3 rounds ahead of its launch this year
The success of Roblox and other user-created gaming experiences like Overwolf have democratized the concept of making games and have taken it into the mainstream. Now, a startup founded by…
Nio, a Chinese electric vehicle startup listed on the NYSE, will be in at least six European markets by 2022. The firm shared its ambitions for Europe on its earnings…
Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world.…
The rush to back lidar companies continues as more automakers and robotaxi startups include the remote sensing method in their vehicles. Latest to the investment boom is Hesai, a Shanghai-based…
JOOR, an online marketplace that connects fashion brands and retailers around the world, has opened its first China office in downtown Shanghai as it eyes growth in the region. The…
The handling of user data in China has become a delicate matter for foreign tech companies operating in the country. Apple’s move to store the data of its Chinese customers…
B Capital Group, the six-year-old venture capital fund formed by Facebook co-founder Eduardo Saverin and Bain Capital veteran Raj Ganguly, is doubling down on China as it looks to allocate…
More investors are joining the wave to bet on lidar, the remote sensing method that uses laser light to measure distances and has garnered ample interest from automakers in recent…
What will China’s answer to Estée Lauder look like in the digital age? According to Ushopal, it will provide a seamless online and offline shopping experience, where China’s savvy beauty…
Tesla is working on vehicles tailored to Chinese consumers as complaints about the quality of its electric vehicles send shock waves through the internet in the country. The American EV…