Shenzhen Futian Capital Operation Group

Hefei-based Xingming AI has raised several hundred million yuan upon completing A+ financing round, according to its announcement released on Monday. The fundraising effort was led by Kaiyuan Industrial,

The rise of AI is redefining the capital operation logic of listed companies. It makes mergers and acquisitions more accurate, financing more efficient, and shareholder structures more stable, but at the same time, it also brings new challenges and uncertainties.

A Beijing-based artificial intelligence (AI) solutions provider is preparing to list in Hong Kong and set up its international headquarters in the city, a minister has said, while vowing to attract more creative enterprises that have adopted innovation and technology-based strategies.

Chinese technology giant Tencent said on Wednesday it would boost capital expenditure in 2025, as it strengthens artificial intelligence development and infrastructure.

Amid a surge in AI adoption in China, the company is budgeting a 28 per cent increase in capital expenses for computing power this year.

SINGAPORE] ComfortDelGro has commenced operations for its first robotaxi programme in Guangzhou, China, in partnership with Nasdaq-listed autonomous vehicle (AV) company Pony AI. Read more at The Business Times.

The government think tank will undertake roadshows worldwide to highlight growth opportunities in the city, chairman Benjamin Hung says.

Chinese artificial intelligence startup Zhipu AI has raised more than 1 billion yuan ($137.22 million) in fresh funding, months after securing a 3 billion yuan investment.