China's 'AI dragon' CloudWalk looks to raise $579m from STAR Market IPO

AI technology firm CloudWalk Technology Co., Ltd plans to list on Shanghai’s STAR Market with a 3.75 billion yuan ($579 million) initial public offering (IPO), a prospectus filed with the Shanghai Stock Exchange showed.

Upon listing, CloudWalk will become the first of China’s four “AI dragons” to go public, ahead of Yitu, SenseTime, and Megvii.

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