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New AI battle adopts old price war strategy as Chinese tech giants keep start-ups at bay behind the Great Firewall

The price of AI services in China plummeted in May after ByteDance kicked off a price war by pricing access to its LLMs at 99.8 per cent below GPT-4.

Sheji
Jiangxi
China
Taiwan
Washington
United-states
Wang-sheng
Hubei
Zhao-chong
Anhui
Baichuan
T-ai-chung

Geopolitics continue to impact Hong Kong's status as a financial hub: KPMG

Continuing geopolitical tensions between China and the US will continue to impact Hong Kong’s standing as a financial hub, according to a new report. 

India
China
Hong-kong
Japan
Mumbai
Maharashtra
South-korea
Innoangel-fund
Private-equity
Ameba-capital
Hidden-hill-capital

China Digest: Zenosic, Grit Biotechnology, Cataya bag funding

Cataya Bio has snagged $34.5 million in a Series B financing round, Zenosic has bagged $41.4 million in Series A1 financing.

Yuanhe
Guangdong
China
Gaorong
Hubei
Qianhai
Japan
Zhongshan
Jiangxi
Yiling
Decheng
Chinese

Forbes Asia 100 To Watch 2023

A drought in global venture capital activity has not deterred startups across Asia from breaking new ground. This year’s Forbes Asia 100 to Watch list spotlights small companies and startups across the region that are targeting underserved markets or applying new technologies.

China
Seoul
Soult-ukpyolsi
South-korea
Sheji
Jiangxi
Xiaoying
Henan
Nanyang
Tokyo
Japan
Springcamp

Tencent demonstrates commitment to AI with investment in two ventures · TechNode

Tech giant Tencent has reaffirmed its dedication to AI by investing in two large-scale model ventures within a week.

China
Chinese
Education-group
Innoangel-fund
Sequoia-china

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