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According to investment industry sources, on April 21, 01VC announced the first close of its new RMB 500 million fund, receiving strong support from state-owned assets, market-oriented mother funds, and listed companies across multiple regions. This is the first RMB fund raised by the middle-generation managing partners of 01VC, continuing its focus on smart manufacturing and cross-border expansion. Investment rounds will be between Angel and Series B, with single investments ranging from RMB 5 million to RMB 50 million. The new fund will continue to follow 01VC's strategy of early-stage and small-scale investment, and provide post-investment empowerment and...

Recently, Hangzhou Dou Shouchang Digital Intelligent Technology Co., Ltd. (LynxAI) received millions of RMB in angel round funding from a large cross-border e-commerce seller. Huajun Overseas Capital co-invested and acted as the exclusive financial advisor. This round of financing will primarily be used for training innovative product models, expanding the R&D team, and creating standardized products. LynxAI, founded in 2023, is a company that provides an Agentic AI product platform for cross-border e-commerce enterprises. The company leverages its self-developed innovative product model and Agentic AI framework to achieve...

According to the South China Morning Post, Alibaba is aggressively pushing the adoption of artificial intelligence (AI) technologies, aiming for 100% adoption of AI tools by all merchants by the end of 2025, according to Zhang Kuo, president of Alibaba International Wholesale. Currently, over half of the approximately 200,000 merchants are using Alibaba's AI applications weekly. Launched in early 2024, these AI tools are designed to assist merchants with marketing, product management, customer interaction, and risk control. These measures are part of Alibaba's...

With Trump's election as president, one of his campaign promises is to initiate the largest immigration deportation action in U.S. history. On September 12, 2024, at an event in Tucson, Arizona, Trump stated that he would launch this action, particularly targeting immigrants with criminal records. He appointed hardliner Thomas Homan as 'Border Czar' and Stephen Miller as Deputy Chief of Policy, indicating that the new administration would take a radical stance on immigration issues. Image source note: Image by A

Recently, the Meizu AI ecosystem launch event was held in Beijing. This event not only showcased Meizu's latest technological products but also presented an exciting cross-industry collaboration, bringing surprises to both technology enthusiasts and car lovers alike. The highlight of the event was undoubtedly the launch of the Lucky08AI phone by Meizu. This phone features an outstanding design and has achieved a qualitative leap in functionality. Its built-in AI assistant is a significant breakthrough in the smartphone field, capable of providing users with comprehensive intelligent assistance, greatly enhancing the user experience.