Search Results for:Christina Larson

Sinovation Ventures boosts bet on AI as China aspirations grow

China’s government has declared its ambition to lead the world in artificial intelligence by 2030.

Dear Uber, that record funding means battle-hardened Didi is coming for you

Didi’s record funding round is said to value the company at more than $50b.

China’s tech unicorns start to see a slide in valuations

In ancient mythology, Chinese unicorns are lucky, rare creatures that appear to mark the arrival or death of a great leader, like Confucius. Today, China’s tech unicorns — private companies valued at $1 billion or more — are far more commonplace and look increasingly cursed. Four of the world’s seven most valuable private companies are… Read more »

Uber’s surrender and the humbling of U.S. tech giants in China

After a costly battle in which both sides shelled out billions subsidizing rides, Chief Executive Travis Kalanick decided to call off the war.