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Hurun Research Institute

China added 1 unicorn per week last year despite slumping global investments thanks partly to AI frenzy, report says

by Walter Watson
China added 1 unicorn per week last year despite slumping global investments thanks partly to AI frenzy, report says

China last year bred an average of one new unicorn each week amid frenzied growth in the country’s artificial intelligence (AI) sector, bucking a declining trend in global venture capital …

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