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Former Baidu Research Director's AI Startup Aibee Lands RMB 165 Mln Angel Round
Sina Tech, 1/16/18
Beijing-based Aibee Intelligent Technology, the AI industry solutions firm founded by Lin Yuanqing, former director at Chinese internet conglomerate Baidu's (Nasdaq: BIDU) Baidu Research Institute, recently announced completion of RMB 165 mln in angel funding led by Fosun Kinzon Capital with participation by VCs and individual investors including ZhenFund, China Growth Capital, China Renaissance K2 Ventures (K2VC), Lenovo Capital and Incubator Group, Sequoia Capital, Yonghua Capital and Horizon Robotics. Read More
AI Chipset Developer Cambricon Raises USD 100 Mln Series A
AI Era, 8/18/17
Beijing-based AI chipset developer Zhongke Hanwuji Technology (Cambricon) has announced the completion of USD 100 mln in Series A funding led by Guotou Venture Capital Investment Management. Read More
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