Thursday, November 3, 2022

Preqin: Chinese VC deals fell 44% YoY in October to $62.1B, of which $7.9B went to semiconductor companies, up from $6.3B in 2021 (Bloomberg)

Bloomberg:
Preqin: Chinese VC deals fell 44% YoY in October to $62.1B, of which $7.9B went to semiconductor companies, up from $6.3B in 2021  —  Venture capital investments in China are falling sharply this year, making it one of the worst-performing countries globally after the Communist Party's crackdown …



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A look at the narrowing US-China AI gap, as a spate of compelling, low-cost releases makes Chinese AI models increasingly attractive to businesses (Bloomberg)

Bloomberg : A look at the narrowing US-China AI gap, as a spate of compelling, low-cost releases makes Chinese AI models increasingly att...