Author: @sima_kotecha

Chinese technology startups are racing for fresh fundraising to capitalise on the DeepSeek-induced fervor towards artificial intelligence, as well as President Xi Jinping’s recent show of support to the country’s private enterprises. AI-powered optics startup Rid Vision, brain-computer interface company AI CARE Medical and robot-maker Shanghai Qingbao Engine Robotics are among Chinese tech start-ups seeking fresh onshore financing, venture capitalist Andrew Qian said. “Many people are knocking at the doors of these AI companies, half discussing business cooperation, the other half talking about investment,” said Qian, the CEO of New Access Capital, which has invested in the three firms.Read More

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