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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South Korea's espionage laws, broadened for the first time in over seven decades, take effect on Sept. 13 as foreign spies increasingly target its chip sector (Daniel Tudor/Financial Times)

Daniel Tudor / Financial Times : South Korea's espionage laws, broadened for the first time in over seven decades, take effect on Sep...