Saturday, May 9, 2020

China-based AI chipmaker Enflame raises $98.6M Series B led by Summitview Capital, with Tencent and others participating (Yupu Li/Pandaily)

Yupu Li / Pandaily:
China-based AI chipmaker Enflame raises $98.6M Series B led by Summitview Capital, with Tencent and others participating  —  China's cloud artificial intelligence-training platform Enflame Technology, backed by Tencent, raised RMB 700 million ($98.6 million) in Series B funding led …



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...