House of Rohl, a higher-end bath brand in the same group, may still be sold in some Asian markets. China is excluded from that exception. The map that remains is asymmetrical: selective premium ...

That is why some vendors want to own plants and recycle capital through infrastructure funds: selling kit is a thinner, faster trade; holding assets is a longer claim on grid economics. Early ...

Video generation startup Sand.ai has completed a $200 million Series A+ financing round. The round was jointly led by Keystone Capital and Wangsu Science & Technology. Participants included Shidai ...

Compute-in-memory AI chip company Houmo Intelligent has completed a Series B financing of tens of billions of yuan, according to multiple reports citing informed sources. Investors included upstream ...

TMTPOST — Shanghai Zhudong Technology has completed an Angel+ financing of 464 million yuan. The round was jointly led by Gaorong Capital, SDIC Pioneer and Shanghai Science & Technology Venture ...

Kuaishou has closed a large capital injection into its AI video unit Kling at a post-money valuation above the parent’s Hong Kong market value. Tencent, Alibaba Cloud, and Baidu all took small stakes.

This year the prop was “tokens.” In the livestream room of Li Jiaqi—one of China’s best-known live-commerce hosts, whose sales segments can move enormous volumes in minutes—a Qwen Office trial ...

China’s large internet groups spent the first phase of the generative-AI boom adding chat boxes and side features to products they already owned. They are spend ...

China’s theaters are already struggling to fill seats. The first widely released AI-made feature proved regulators and ...

TMTPOST — Changzhou Boyi Technology Group has completed B1 and B2 financing rounds totaling nearly 100 million yuan. The B1 round was exclusively invested by Huada Songhe. The B2 round was led by ...

Moxin AI has completed a Series C+ financing of nearly 1 billion yuan. Participants included Renai Capital, Haitang Fund, Dongheng Petroleum and other domestic industrial investors, as well as Bhikshu ...

Embodied intelligence company RoboScience has completed a Series A2 financing of several hundred million yuan. The round was jointly led by Hupo Capital, Hongruida Investment and Shanghai ...