Tag: Funding

EU & UK

TUM Receives EURO 50 Million to Form AI Research Institute in the Construction Industry with Nemetschek Innovation Foundation

The Nemetschek Innovation Foundation will provide approximately EURO 50 million over the next ten years to fund an AI research and teaching institute at TUM.

AI China

AI’s Role in a $2.5B Q&A Site

On August 8th Chinese Q&A website Zhihu — named after the Mandarin phrase “Do You Know?” — announced it had raised US$270 million in its Series E funding round. With 180 million registered users and 110 million answered posts, China’s biggest Q&A website and fourth-largest social media platform’s total valuation now stands at US$2.5 billion.