Welcome to Caixin's Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China's tech scene. AI startup Mobvoi files for Hong Kong IPO Google-backed Chinese artificial intelligence (AI) company Mobvoi Information Technology Co. Ltd. on Tuesday filed for an IPO on the Hong Kong Stock Exchange. The Beijing-based startup, which was valued at $756 million in its last fundraising round three years ago, did not disclose the size of the offering. Bloomberg reported that the company aims to raise $200 million to $300 million, citing people familiar with the matter.
https://www.caixinglobal.com/2023-06-02/tech-insider-ai-startup-mobvoi-files-for-ipo-musk-on-decoupling-102061494.html#caixinglobal
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