Beijing-based generative AI startup AIsphere has raised funding, indicating its ambition to rival OpenAI’s Sora. AIsphere, a Chinese text-to-video startup, aims to catch up with Sora within three to six […]

Moonshot AI, a Chinese AI startup, has clinched a staggering sum of over $1 billion in its Series B funding round for the development of large language models (LLMs). The […]

Baichuan, a Chinese AI startup, has successfully secured $300 million in financing, with Alibaba Group Holding Ltd., Tencent Holdings Ltd., and Xiaomi Corp. leading the investment.  This funding round is […]

Alibaba has infused an additional sum of USD 845.44 million into Lazada, as reported in a filing by Tech in Asia. The funding is expected to help Lazada support local […]

The global healthcare venture platform VentureBlick has secured US$2.6 million in funding for its first two startups. The venture’s goal is to validate, support, and invest in early-stage healthcare startups. […]

Adicon, a Chinese diagnostic laboratory company, has announced its plan to raise approximately $52.29 million through a global offering in its upcoming Hong Kong listing. As part of its upcoming […]

Zhang Yiming, the co-founder of ByteDance, the parent company of the popular social media platform TikTok, has established a new private investment fund in Hong Kong. The fund, known as […]

Kairous Capital, a venture capital firm headquartered in Malaysia, has signed two Memoranda of Understanding (MoU) with Digital Way Group and China Silk Road Group to establish the Malaysia-China Digital […]

Airwallex, an Australia-based global payments and financial platform, has announced that it has secured a payment business license in China. This happened following their successful acquisition of a 100% stake […]

Most of the businesses that are currently subscribed to cloud services are set to make a full cloud migration in the next two years. This is according to a survey […]