GSR Ventures uses its RedNote stake to anchor a new $350M China fund
SR Ventures Management Co., one of the earliest backers of the Chinese social commerce app Xiaohongshu, is raising about $350m for a new China-focused venture fund and is using its existing stake in the app, known internationally as RedNote, as the central pitch, according to a Bloomberg report on Tuesday citing people familiar with the […]<br /> This story continues at The Next Web [...]
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'TikTok Refugees' are learning Mandarin Chinese on Duolingo for RedNote
In a few days, TikTok could be banned in the US, rendering the app unusable and removing it from app stores. Instead of making do with Instagram Reels, people looked for a closer alternative and found [...]
Chinese social media app RedNote is the number one app as TikTok ban looms
With TikTok likely just days away from being banned in the US, the app’s users are pushing some previously little-known apps to the top of Apple and Google’s stores. The app that has so far seemed [...]
IBM's open source Granite 4.0 Nano AI models are small enough to run locally directly in your browser
In an industry where model size is often seen as a proxy for intelligence, IBM is charting a different course — one that values efficiency over enormity, and accessibility over abstraction.The 114-y [...]
Kai-Fu Lee's brutal assessment: America is already losing the AI hardware war to China
China is on track to dominate consumer artificial intelligence applications and robotics manufacturing within years, but the United States will maintain its substantial lead in enterprise AI adoption [...]
Rednote releases its first open-source LLM with a Mixture-of-Experts architecture
Social media company Rednote has released its first open-source large language model. The Mixture-of-Experts (MoE) system, called dots.llm1, is designed to match the performance of competing models at [...]
TensorWave raises $350M led by AMD to build an Nvidia-free AI cloud
TensorWave, a cloud provider that runs its AI data centres on AMD chips rather than Nvidia’s, has raised $350M in a Series B round led by AMD and the hedge fund Magnetar Capital. The deal values the [...]