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  1. Alibaba-Backed AI Startup Sales Tripling Paves Route to IPO

    Bloomberg via Yahoo FinanceAug 26 4:42 AM

    The Alibaba Group Holding Ltd.-backed startup tripled revenue to 949 million yuan ($133 million) in the first half. It generated more than 73% of those sales from AI services for major ...

  2. Elon Musk and Jack Ma Debate AI at China Summit

    Bloomberg via Yahoo FinanceAug 28 21:01 PM

    and SpaceX impresario features prominently on the opening-day card of the World AI Conference, which kicks off Thursday in Shanghai as a rallying cry of sorts for China’s burgeoning AI ...

  3. Chinese AI firm Megvii Technology Ltd, backed by Alibaba, has filed in Hong Kong to conduct an IPO targeting proceeds of at least $500 million, two people said, just as the city faces political ...

  4. Also, in the second quarter of 2019, Huawei’s smartphone sales in the global market sharply declined due to the ban imposed by the U.S. government, observed Gartner.

  5. Edited Transcript of MCHP earnings conference call or presentation 6-Aug-19 9:00pm GMT

    Thomson Reuters StreetEvents via Yahoo FinanceAug 31 5:19 AM

    -China trade front, our distributors are holding a reasonable albeit lower-than-normal level of inventory to support end-market demand. The cash flow from operating activities was $380.6 ...

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