According to an announcement by the Hong Kong Stock Exchange (HKEx) on September 5, artificial intelligence software company 4Paradigm has submitted a listing application for the third time.
AI startup Points Technology announced that it had obtained two consecutive rounds of financing from Chinese AI firm 4Paradigm and VC company Shenzhen Capital Group.
Chinese AI firm 4Paradigm updated its prospectus on Wednesday for a public listing to the stock market's main board, with Goldman Sachs and CICC serving as co-sponsors.
The official website of the HKEx showed on Tuesday that an IPO application submitted by Chinese AI startup 4Paradigm on August 13, 2021 was invalid, as it has failed to pass the hearing within six months.
Senses, an artificial intelligence startup, announced on Monday that it had completed a round A financing worth nearly 100 million yuan.
International market analysis firm IDC has recently released a report on the market share of artificial intelligence in the first half of 2021.
The international department of the China Securities Regulatory Commission on July 29 disclosed approval materials for an overseas IPO submitted for review by 4Paradigm.
Two prominent Chinese coffee chains Seesaw and M Stand both raised considerable rounds that will go towards expansion, while prominent local AI firm 4Paradigm bagged over $230 million for R&D and ecosystem improvement.
Chinese AI technology and service provider 4Paradigm said on Thursday that it raised a total of $230 million in its latest Series C and C+ funding rounds.
On Dec. 19, 4Paradigm, a Chinese AI technology and service provider, announced it has completed its Series C funding round, raising over one billion yuan ($145 million). The rising star in AI is now valued at around 1.2 billion dollars.