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Graphics Chip Developers Attract Strong Investment In China - Nikkei Asia
BEIJING -- Moore Threads, a Chinese graphics processing unit developer, has raised several billion yuan (several hundred million dollars) in two funding rounds within only 100 days of its establishment, according to sources. The investment in Moore Threads was jointly led by Shenzhen Capital Group, Sequoia Capital and GGC Capital. Among the other investors in the GPU startup are China Merchants Venture, ByteDance, which operates the TikTok short video app, as well as self-driving car startup Pony.ai and Riverhead Capital. ... Full investment news article
Relevent to this post: Walden International
Genesis Capital,
Climate Change Was Missing From The Us-china Meeting In Alaska
Chinese President Xi Jinping, left, and President Joe Biden, in 2012 when each was the vice president of his country. | Jay L. Clendenin/Getty Images To be legitimate climate leaders on the world stage, the US and China must start by raising ambition at home. Top officials from the US and China met in Alaska this week for their first face-to-face meeting since President Joe Biden took office. On the agenda was a full range of issues of importance to ... Full investment news article
Relevent to this post: State Administration of Foreign Exchange
Georgetown University Endowment,