Chinese AI startup Manycore makes global push amid US tensions

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Chinese AI startup Manycore makes global push amid US tensions

Manycore Tech Inc., a Chinese AI startup, is aggressively expanding its global footprint despite rising tensions between the US and China. The company, based in Hangzhou, has established local teams in over ten countries, including the US and South Korea, to cater to enterprise customers. Co-founder Victor Huang emphasizes the potential for growth, particularly through a freemium model that appeals to a wide range of users.

Manycore aims to challenge established players like Autodesk by offering affordable spatial design software. The company is also focused on recruiting talent from top universities to enhance its capabilities. Despite facing significant losses and challenges in accessing advanced AI semiconductors, Manycore is committed to optimizing its technology and making its products accessible to a broader audience.

• Manycore Tech Inc. expands globally despite US-China tensions.

• The company aims to challenge Autodesk with affordable software.

Key AI Terms Mentioned in this Article

Freemium Model

The freemium model allows users to access basic features for free while charging for premium services.

AI Semiconductors

AI semiconductors are specialized chips designed to accelerate AI computations and processes.

Companies Mentioned in this Article

Manycore Tech Inc.

develops spatial design software and is expanding its global market presence.

Nvidia Corp.

provides advanced AI semiconductors that Manycore relies on for its technology.

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