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NEWS TAGGED UNICORN
Wednesday 18 December 2024
Zhipu AI secures US$412 million with backing from Alibaba, Tencent
Zhipu AI, a Chinese artificial intelligence unicorn specializing in large language models (LLMs), has secured CNY3 billion (US$412 million) in its latest funding round—its second...
Monday 9 September 2024
Nvidia invests in Japan-based Sakana AI, fueling global GenAI race
The Japan-based startup founded by former Google researchers, Sakana AI, announced that it has received a total of JPY20 billion (US$138 million) from various investors including...
Tuesday 16 July 2024
Granted one more chance by SoftBank, focus is now on Graphcore's future operational strategy
With the current boom of generative AI, British AI chip unicorn Graphcore should've enjoyed the dividends from AI. Instead, it found itself struggling.
Monday 1 July 2024
India-based Ola Electric ramps up cell manufacturing, develops solid-state battery
India-based EV unicorn Ola Electric announced a plan to spend US$100 million to build a Gigafactory, focusing on in-house battery cells, as the company is expanding beyond the EV...
Thursday 27 June 2024
M&As taking place in China SiC and GaN IC industry
China's Silicon Carbide (SiC) and Gallium Nitride (GaN) compound semiconductor industries have seen several mergers and acquisitions (M&A).
Monday 3 June 2024
Mass exodus of AI leaders from Chinese tech giants spurs new AI unicorns striving to be China's OpenAI
Chinese tech giants are experiencing a wave of departures among their AI experts.
Monday 13 May 2024
AI attracts venture money but corporate VC seen retreating, says KPMG
KPMG Taiwan released the latest Global Venture Capital Analysis report on May 9, saying that Artificial Intelligence (AI) startups are the apple in the eyes of venture capitalists...
Wednesday 24 April 2024
China's unicorn boom: weekly start-up births with AI, semiconductors, and new energy leading the pack
Amid economic uncertainty, China still saw a surge of "unicorns" in 2023, particularly in sectors such as AI, semiconductors, aerospace, and new energy vehicles.
Tuesday 20 February 2024
Sayonara Nvidia: The Japanese AI unicorn taking on titans
The CEO of the Japanese AI startup success story, Preferred Networks (PFN), said Nvidia is the company's main rival.
Monday 23 October 2023
Qisda chairman: Taiwan needs startup platforms
In recent years, Qisda has been promoting its large fleet platforms. Among them, the rapid growth of the healthcare sector made it one of the main contributors to the group's substantial...
Thursday 5 October 2023
Chip unicorns emerge in China's Yangtze River Delta
China-based GTA Semiconductor raised CNY13.5 billion (US$1.87 billion) in financing, the latest example of a chip unicorn emerging in China's Yangtze River Delta thanks to state funds...
Wednesday 13 September 2023
Taiwan initiates 10-year chip-driven innovation project to attract global talent, startups
Starting 2024, Taiwan will implement a 10-year chip-driven industrial innovation project aiming to attract young talent and startup teams from around the world to set up operations...
Friday 1 September 2023
AI unicorn PFN to develop Japanese-centric generative AI with ABCI supercomputer support
Japanese AI unicorn Preferred Network (PFN), after announcing in June its plans to develop a purely Japanese generative AI and related large language model (LLM), has recently gained...
Wednesday 9 August 2023
Chinese RISC-V startups rise as market darlings, jostle for venture capital funds
Throughout the history of instruction set architectures (ISA), the once-dominant x86 architecture encountered stiff competition from Arm architecture in smartphone era. Now, it appears...
Tuesday 13 June 2023
India's US$5 billion unicorn to revive IPO plan for ambitious expansion
As Ola Electric products continue to dominate India's electric two-wheeler (E2W) market, the US$5 billion company is looking to make a comeback regarding its IPO plan amid ambitious...