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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Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-world tasks like navigating rooms, trained on Qwen3-VL (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg : Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-worl...