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Editor s take: The week that was — May 29-June 3

Chinese ChatGPT rival Mobvoi files for Hong Kong IPO

Google-backed Chinese artificial intelligence company Mobvoi Information Technology Co. Ltd. filed Tuesday for an IPO in Hong Kong.

Can we trust wearables to watch our hearts?

Heart monitors are ubiquitous on wearable devices, and only growing more popular as a way for us to keep tabs on our health. But there’s a limit to what they can do.

Navistar International Corporation (NYSE:NAV), PACCAR Inc (NASDAQ:PCAR) - Chinese Investors Join $200M Funding Round For Autonomous Startup Plus

Share: Self-driving truck technology developer Plus has completed its Series B funding round, pulling in $200 million from returning backers and new investors from China. In total, Plus has raised nearly $400 million. The new investors include Hong Kong-listed Guotai Junan International, China s leading securities firm, and Wanxiang, a top Chinese automotive components supplier. SAIC, China s largest carmaker; and Full Truck Alliance, the world s largest trucking platform serving more than 10 million truckers and 5 million shippers, also bought in. Existing investors including Sequoia Capital, Lightspeed Venture Partners and GSR Ventures also participated. The additional funding and continued support of our investors will help us further scale our commercialization efforts, enabling us to serve fleets in more countries, David Liu, Plus CEO and co-founder, said in a press release Wednesday. Plus will develop a sales and support network to help fleets integrate its system into t

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