Shenzhen, a major city in China, is now piloting facial recognition software integrated with payment to permission subway entry. Tencent is a technology provider for the new solution. (link)
PingCap, enterprise software maker in China, is looking to help Chinese companies to reduce reliance on Oracle and IBM. PingCap has raised over $70 million in funding. (link)
A group of environmentalists examined the potential impacts to sustainability if the trade…
UK health care data startup, Medopad, takes capital from Chinese investors and strikes strategic partnership with China’s tech giants to tap into the 1 billion potential users to collect data for machine learning. (link)
November venture capital in China reached $2B (link)
Honda is establishing a 5-year joint R&D project with China-based SenseTime, an artificial intelligent company focused on object and image recognition. SenseTime is one of the unicorns in China and has raised more…
China tech venture funding in April’17 reached $1.9B. Complete report here.
Following Tencent’s launch of Dingdang, Baidu launches its first commercial home robot called Xiaoyu
Subscribe to receive the March Venture Capital Funding Report
Tencent continues its investments in AI, launching AI Voice Assistant ‘Dingdang,” similar to Siri and Alexa, and opening an AI lab in Seattle headed by a former Microsoft researcher.
FAW Jiefang, a truck manufacturer in China, showed a set of early features of a self-driving truck. FAW is one of the big 4 automakers in China and has joint ventures with foreign automakers such as GM…
Subscribe to receive the State of Tech China in Numbers — January 2017
Chengdu Hi-tech Industrial Development Zone is investing USD 730 million to attract global talent
So far, there hasn’t been a week gone by without Baidu doing something in AI. Baidu made its first investment alongside major media companies in the U.S. and acquired a Y Combinator-backed virtual…
Sign up to download January 2017 China Venture Report
Internet of Things (IoT)
Huawei and Oracle working together on smart grids and IoT
China is the biggest producer of solar power
