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China’s tech titans race to invest $340M in OpenAI challenger
It’s become increasingly evident that two parallel AI universes are forming between the U.S. and China. While the U.S. has spawned notable players like OpenAI and Anthropic, China […]
Sequoia faces Congressional scrutiny over investments in China
One of Silicon Valley’s most prominent investment firms will face government scrutiny over its investments in China. Sequoia Capital has received a polite but pointed request from Congress […]
Asia emerges as a promising haven amid the crypto winter
Walking through Token2049, it was hard to tell that the crypto industry was going through a “winter” phase. The crypto conference held in Singapore in September attracted an […]
Didi’s autonomous vehicle arm raises $149M from state investors
When Didi created an autonomous vehicle subsidiary in 2020, the venture was seen as a Chinese counterpart to Uber’s AV unit. The tides of change have since swept […]
Waymo-Zeekr robotaxi poised for US testing by end of 2023
Nearly two years after Waymo and Geely struck a deal to develop robotaxis for the U.S. market, we are seeing concrete progress in the collaboration. According to a […]
Telegram starts to look like a super app, echoing WeChat
Telegram, the popular messenger with 800 million monthly active users worldwide, is inching closer to adopting an ecosystem strategy that is reminiscent of WeChat’s super app approach. Certain […]
GGV splits off China business following congressional panel probe
GGV, the 23-year-old U.S. venture capital firm with a storied track record in China, is splitting into two branches as escalating geopolitical tensions continue to push for decoupling […]
US finds no evidence Huawei can mass produce advanced phone chips
The ability of Huawei — and China at large — to manufacture advanced chips amid U.S. sanctions has again come into question as conflicting claims arise. The U.S. […]