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Start-Ups

Chinese venture capitalist Allen Zhu steers clear of mainland tech firms’ AI large language model frenzy

by Anas Siddiqui
Chinese venture capitalist Allen Zhu steers clear of mainland tech firms’ AI large language model frenzy

“I believe in applications and those that can commercialise immediately,” said Zhu, who indicated that he did not invest in any LLM-focused company on the mainland last year. Sample code …

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YouTube co-founder Steve Chen returns to Taiwan to tap tech talent, link island with Silicon Valley

by Walter Watson
YouTube co-founder Steve Chen returns to Taiwan to tap tech talent, link island with Silicon Valley

“The dream is they’d all be unicorns,” Chen added, using an industry term for an unlisted start-up valued at more than US$1 billion. Taiwan has enough talent to form several …

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40-year-old millionaire who retired early only lasted 5 months—here’s what made her go back to work

by Ron Morgan
40-year-old millionaire who retired early only lasted 5 months—here’s what made her go back to work

My entire life used to be about maximizing my time for work. I spent over a decade building a career in New York’s tech scene. I worked at Foursquare and …

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Market call: Chinese start-ups still crave US investors despite IPO challenges, bilateral friction

by Walter Watson
Market call: Chinese start-ups still crave US investors despite IPO challenges, bilateral friction

Less clear is whether the largest, most attractive Chinese companies want to navigate the shifting maze of impediments for a US listing – and how interested foreign investors are. Ethan …

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Alibaba, TikTok woo US with AI and live-streaming e-commerce at CES trade show, setting the tone for 2024

by Walter Watson
Alibaba, TikTok woo US with AI and live-streaming e-commerce at CES trade show, setting the tone for 2024

“With advances in AI, we are ushering in the next generation of sourcing and empowering small businesses to succeed with our Smart Assistant at their side,” Chris Lu, general manager …

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Female founders say it’s an amazing time for women to be in business

by Walter Watson
Female founders say it’s an amazing time for women to be in business

In 2022, only 2.1% of venture capital investments in the U.S. went to businesses that are founded solely by women. But some say the gap may be closing. Maskot | …

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Hong Kong CEOs plan to tap wealth management, ESG opportunities in Greater Bay Area in 2024, survey finds

by Anas Siddiqui
Hong Kong CEOs plan to tap wealth management, ESG opportunities in Greater Bay Area in 2024, survey finds

For New York-based investment bank Citi, Hong Kong and the rest of the bay area will be a key area of focus, according to Aveline San, CEO for Hong Kong …

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OpenAI in talks to raise new funding at US$100-billion valuation, making the ChatGPT creator one of the world’s most valuable start-ups

by Walter Watson
OpenAI in talks to raise new funding at US0-billion valuation, making the ChatGPT creator one of the world’s most valuable start-ups

Microsoft Corp-backed OpenAI is in early discussions to raise a fresh round of funding at a valuation at or above US$100 billion, people with knowledge of the matter said, a …

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2024 CNBC Disruptor 50 list nominations

by Walter Watson
2024 CNBC Disruptor 50 list nominations

CNBC is now accepting nominations for the 2024 Disruptor 50 list — our annual look at the most innovative venture-backed companies using breakthrough technology to meet increasing economic and consumer …

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FII conference: open dialogue, ‘hyperlocal’ approach are keys to Asia’s vibrant start-up ecosystem, industry leaders say

by Anas Siddiqui
FII conference: open dialogue, ‘hyperlocal’ approach are keys to Asia’s vibrant start-up ecosystem, industry leaders say

The region is full of top talent, has a strong market and access to capital, said Loo, and this was a key part of the company’s success in expanding in …

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