Wednesday, December 29, 2021

Chinese AI company SenseTime raises ~$700M in a Hong Kong IPO, below its $2B goal after pricing shares at the low end, after delaying its IPO earlier this month (Jacky Wong/Wall Street Journal)

Jacky Wong / Wall Street Journal:
Chinese AI company SenseTime raises ~$700M in a Hong Kong IPO, below its $2B goal after pricing shares at the low end, after delaying its IPO earlier this month  —  SenseTime has developed strong AI technology.  Next, it needs to figure out how to make money from it.



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MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...