By Sijia Jiang
At stake for firms such as SenseTime Group, Face++ and DeepGlint, is a multi-billion dollar global public and private market
Tencent, Alibaba Group Holding Ltd. and Japan’s SoftBank Group Corp. have made strings of investments outside their home countries.
In 2016, venture investments in US-based AI companies reached $4.9B. As of the end of October, this number has been exceeded with $7B invested year to date.
He needs to pull off a longshot transaction with another partner to get Sprint back on solid ground
For the second straight quarter, Alibaba’s digital and media entertainment, and innovation initiatives grew at a slower pace than core commerce.
DBS now has the world’s largest API platform for banking.
The government’s pledge of capital for beleaguered state banks could make it easier for distressed funds to buy loans.
Reasons cited included that the topic “just hasn’t come up,” “board members are men,” and it wouldn’t be “well-received.”
Move over, Masayoshi Son. Pony Ma of Tencent Holdings Ltd. is emerging as the true Warren Buffett of Asia’s tech scene.
As Noble Group Ltd. sells once-core businesses to stave off creditors, it’s been running down stocks of grain, gas, power, oil and petroleum products. There’s one crucial commodity, though, that ran out long ago: trust. The trader has often been dinged for lack of transparency, and Monday’s announcement of the sale… Read more »