On March 24th, UISEE Technologies, a cutting-edge driverless solution provider, officially announced the completion of a round C financing worth several hundred million yuan. This round of investment was led by Dongfeng Asset Management and Chongqing High-tech Holdings under Chongqing High-tech Development and Construction Investment Group. The funds will accelerate the broad-based expansion of UISEE Technologies in key strategic industries.
Chinese Academy of Sciences announced that the High Energy Photon Source (HEPS) accelerator, a major national science and technology infrastructure under the "13th Five Year Plan", has successfully accelerated the first electron beam with full energy. As a result, HEPS entered the parallel phase of scientific research equipment installation and beam adjustment.
On March 14, China's first heavy-duty truck powered by batteries and overhead wires rolled off the production line in Datong, north China's Shanxi province, filling the country's technological gap in this field.
Li Yan, former head of multimedia understanding at Chinese short video platform Kuaishou, has gone on to establish Yuanshi Technology, an AI company which is mainly engaged in the research and development of multimodal large models.
Within the last ten days on two different occasions, the Chinese Minister of Science and Technology, Wang Zhigang, has twice mentioned the smart chat tool ChatGPT, confirming its importance.
Despite the district court’s preliminary order, ELFBAR recognizes the importance of the U.S. market in its business and launched a new brand called EBDESIGN.
Regulators in Beijing reportedly have pressured major Chinese tech companies to withhold ChatGPT services to the public. The disallowance of OpenAI's chatbot may propel the rise of China's own AI chatbots to the technological forefront in the country.
On the morning of February 17, Liang Rubo, CEO of Beijing-based internet technology company ByteDance, sent an internal letter to all employees, saying that he would adjust the cycle of setting and reviewing of performance targets from bimonthly to quarterly.
Tencent reportedly started the partial dissolution of its extended reality (XR) team. The Chinese tech company later responded that its XR division will be restructured as a result of an overhaul of the company's hardware development plans.
News emerged recently that the Xiaohe Health app owned by Beijing-based tech giant ByteDance will be shut down, and the company's Wukong Q&A app, which was shut down two years ago, will be launched again. However, ByteDance has denied both claims.
Reports surfaced recently alleging that Microsoft will cut its Suzhou division in China, implementing large-scale layoffs with compensation of over 12 months in salary. However, several independent sources confirmed that the news was not true.
Chinese short video platform and TikTok rival Kuaishou announced on January 17 that Chen Dingjia will resign as chief technology officer, as he plans to devote more time to his family and personal affairs.
Huawei's dividend plan for 2022 emerged on January 14 within the tech giant's internal forum, showing that they are expected to be 1.61 yuan ($0.24) per share, an increase from 1.58 yuan last year.
At the 2022 Baidu Create event on Tuesday, firm CEO Robin Li delivered a speech about feedback-driven innovation and its influence on China's real economy, showing the tech giant's expectations for the future golden decade of artificial intelligence development.
Baidu Research, a leading AI research lab initiated by Baidu, released its predictions on January 5 for the top 10 technology trends of 2023, including big models, digital-real convergence, virtual-real symbiosis, autonomous driving, and more.
At the end of December, Baidu founder Robin Li held an internal livestreaming session for all employees and pointed out many internal management and business problems.
Ma Jie, the vice president of Baidu, said on January 4 that the tech giant is set to unveil a metaverse solution called XiRang MetaStack. The solution enables the creation of an independent metaverse in only 40 days, which would have otherwise taken from six months to a year to complete.
