SenseTime, a Beijing-based industry leader in artificial intelligence (AI), has made a strategic move into Singapore through the signing of memoranda of understanding (MOU) with three leading Singaporean organizations.

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Pinduoduo, one of China’s largest e-commerce unicorns, looks to raise around US$1 billion in its U.S. initial public offering (IPO), confirming a report published earlier by Pandaily.



Wise Talent Information Technology, the parent company of Chinese executive headhunting platform, joins the Hong Kong Stock Exchange today to become its first listed tech company providing human resource solutions.


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Foxconn, the Taiwan-headquartered electronics manufacturer, opened a new manufacturing facility in Wisconsin, U.S. yesterday. The planned $10-billion plant is considered one of the largest foreign direct investment projects ever in the United States.

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Alibaba Group announced the establishment of Luohan Academy, an open research platform with Nobel Laureates and leading social scientists on June 27. The goal of the new academy is to address universal challenges faced by societies arising from the rapid development of digital technologies.

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