This post was originally published on this site This article was first published on May 6, 2022. Part of preparing for fundraising is getting all the traction metrics that investors, particularly venture capitalists, might want to know about. With its ability to make or break a fundraising process, this can be nerve-wracking even for the […]
Hong Kong’s Animoca Brands secures US$50 million from Saudi state project to promote regional Web3 development
Under a deal with Neom Company, a Saudi Vision 2030 smart city project, Animoca aims to ‘nurture the local Web3 ecosystem’ amid closer ties between Hong Kong and Saudi Arabia.
Temu files lawsuits against ‘cybersquatters’ in US e-commerce market as it seeks to end legal fights with rival Shein
Fast-growing online retailer has targeted website domains that imitate Temu as well as offering coupon codes without authorisation.
Chinese AI start-up Baichuan claims to beat Anthropic, OpenAI with model that can process 350,000 Chinese characters
The Beijing-based company, launched by the founder of Sogou, says the latest version of its large language model has a bigger ‘context window’ than its foreign competitors.
Alibaba’s cloud unit now serves 80% of Chinese tech companies and half of country’s AI language model firms, group chairman Joe Tsai says
Alibaba co-founder and chairman Joe Tsai says the company’s cloud unit aims to be the most open ‘in the era of AI’.
The Download: Biden’s executive order, and calling out AI harms
This post was originally published on this siteThis is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Three things to know about the White House’s executive order on AI The US has set out its most sweeping set of AI rules and guidelines […]
In 50 Words: Chinese EV maker Voyah expands to Denmark
This post was originally published on this siteIt plans to expand into more European markets, including Germany, France, and Italy.
In 50 Words: Bankman-Fried says he believed hedge fund could cover $8b debt
This post was originally published on this siteThe FTX founder pleaded not guilty to fraud and conspiracy charges.
In 50 Words: Alibaba launches updated AI model, introduces industry-specific versions
This post was originally published on this siteSome of Tongyi Qianwen’s new versions are specialized for sectors such as healthcare, finance, entertainment, and law.
In 50 Words: Southeast Asia’s young D2C brands grab 23% market share in 2022
This post was originally published on this siteEmerging D2C players in Southeast Asia earned US$52 billion in revenue last year, according to new report.
The ‘direct’ in D2C still matters
This post was originally published on this siteWe look at the future of Indonesia’s D2C space after the TikTok Shop ban and Korea Investment Partners’ new fund for Southeast Asia.
For startups, embracing ESG focus is a sure-fire way to secure corporate success
This post was originally published on this site On Monday, Indonesia-based venture capital firm AC Ventures, in collaboration with the global consultancy PricewaterhouseCoopers (PwC) Indonesia, released a playbook on corporate governance tailored for tech startups. According to a press statement, the playbook is anchored in the Indonesian General Guidelines for Corporate Governance. It offers actionable […]