Tag: Startups

Technology

AI Startup Covariant.ai Building ‘Universal AI for Robots’

Covariant last month secured a US$40 million Series B funding round led by Index Ventures to push its total funding to US$67 million.

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AI China

China to Facilitate AI Unicorns’ Going Public

Chinese media is reporting that several domestic brokers and investment banks were recently informed by the China Securities Regulatory Commission (CSRC) that it will relax regulations on prospectus approval time and profitability minimums for Chinese unicorns in the domains of artificial intelligence, cloud computing, biotech, and high-end manufacturing.