China ’s 4 new ‘AI tigers’ – Baichuan, Zhipu AI, Moonshot AI and MiniMax
That puts the Beijing-based company in a league of domestic AI unicorns – start-ups valued at more than US$1 billion – that also include Zhipu AI, Moonshot AI and MiniMax. Among them, Baichuan is the latest to complete a new round of fundraising. While the start-up told the Post on Thursday that…#beijing #zhipuai #moonshotai #minimax #baichuan #megvii #cloudwalktechnology #yitutechnology #openai #wangxiaochuan (Source: Reuters: Health)
Source: Reuters: Health - April 19, 2024 Category: Consumer Health News Source Type: news

UBS shuts some China private funds, will lay off staff, sources say
(Source: Reuters: Health)
Source: Reuters: Health - April 19, 2024 Category: Consumer Health News Source Type: news

No Link Too Tenuous for Retail Traders in China AI Gold Rush
(Source: Reuters: Health)
Source: Reuters: Health - April 19, 2024 Category: Consumer Health News Source Type: news

Crypto-Linked Money-Laundering Scheme Worth $230M Uncovered In Hong Kong
According to a South China Morning Post report, Hong Kong customs officers have apprehended three individuals in connection with a massive HK$1.8 billion ($228 million) money-laundering operation that exploited a crypto platform and bank accounts associated with shell companies. The arrests were…#hongkong #suspectsallegedly #hk39million #florenceyeungyeetak #customsdepartment #customs #shutterstock #tradingviewcom (Source: Reuters: Health)
Source: Reuters: Health - April 19, 2024 Category: Consumer Health News Source Type: news

Legislation that could force a TikTok ban revived as part of House foreign aid package
Legislation that could ban TikTok in the U.S. if its China-based owner doesn’t sell its stake won a major boost late Wednesday when House Republican leaders included it in a package of bills that would send aid to Ukraine and Israel. The bill could be law as soon as next week if Congress moves…#tiktok #ukraine #israel #bytedanceltd #mariacantwell #capitolhill #adimpact #firstamendment #facebookandinstagram #alexhaurek (Source: Reuters: Health)
Source: Reuters: Health - April 19, 2024 Category: Consumer Health News Source Type: news