Page 8 - Light Year News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Meituan Settles Biggest AIGC Deal in China to Continue Cofounder s Ambitious Newborn Venture_腾讯新闻

BEIJING, June 30 (TiPost) The world’s No.1 food delivery service provider joined a heated artificial intelligence (AI) race with the biggest Artificial Intelligence-Generated Content (AIGC) deal in its homeland. The new effort was deemed as a brilliant move to kill two birds with one stone, as i.

Wang xingHong kongWang huiwenTsinghua universityXiaonei networkHong kong stock exchange onLight year groupArtificial intelligence generated contentLight yearHong kong stock exchangeNew initiativesMeituan selectMeituan groceryMeituan settles biggest aigc deal in china to continue cofounders ambitious newborn venture

Meituan Joins AI Race by Buying Co-Founder s Months-Old Firm

(Bloomberg) Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery giant into a Chinese race to develop ChatGPT-like services.Most Read from BloombergSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSupreme Court Rejec

Wang xingThomas chongZoey zongBloomberg meituanWang huiwenBloomberg businessweekCatherine limBaidu incAlibaba group holding ltdTencent holdings ltdLight yearTencent holdingsAlibaba group holdingTrini tanBureaucrats mobilize chinaSequoia china

Meituan buys out AI start-up

Meituan is buying out Light Year, an artificial intelligence (AI) start-up established by a co-founder and ex-director at the food delivery services giant, for a total consideration of $281 million, as Chinese Big Tech firms step up their interest in AI, reports the South China Morning Post. The deal involves $233.7 million in cash and…

Hong kongWang huiwenSouth china morning postLight yearChinese big techChina morning

Meituan Acquires AI Firm Light Year Founded by Co-Founder

Meituan Acquires AI Firm Light Year Founded by Co-Founder
shanghaiist.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghaiist.com Daily Mail and Mail on Sunday newspapers.

Wang huiwenLight year

Meituan purchases co-founder s AI firm Light Year · TechNode

Meituan purchases co-founder s AI firm Light Year · TechNode
technode.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from technode.com Daily Mail and Mail on Sunday newspapers.

Wang huiwenLight yearHong kong listed