Business
China AI Companies Rush to Raise Funds and Close Gap With U.S.
SINGAPORE—Chinese artificial-intelligence developers are racing to raise money through share offerings or loans, believing they need a bigger war chest to keep up with U.S. competitors.
At least six startups that develop AI models are preparing for initial public offerings in Shanghai or Hong Kong through 2027. They are joined by China’s two largest memory-chip makers and three humanoid-robot developers.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
You must be logged in to post a comment Login