China’s government has declared its ambition to lead the world in artificial intelligence by 2030.
Didi’s record funding round is said to value the company at more than $50b.
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 »
After a costly battle in which both sides shelled out billions subsidizing rides, Chief Executive Travis Kalanick decided to call off the war.