Chinese artificial intelligence startup SenseTime is on track to raise up to $767 million in a Hong Kong initial public offering, down from an earlier target of $2 billion, Reuters said. China’s biggest artificial intelligence firm, which is on a U.S. government technology blacklist, is going ahead with its IPO despite a lackluster market and questions arising from new possible Chinese...
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Chatbot Startup Character Seeks $250 Million, Testing Investor Appetite for AI
Character, an AI chatbot startup founded by two former Google researchers, has told investors it wants to raise as much as $250 million in new funding, according to two people with direct knowledge of the matter. The pitch will test investors’ appetite for machine-learning startups as Microsoft’s multibillion-dollar deal with OpenAI casts a halo over the sector. A funding round of...
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