China’s hottest startups are having trouble raising cash

YOU know it’s bad when even China’s hottest startups are having trouble raising capital.

A trio of technology innovators have postponed or pulled back on fundraising this year after venture capital pools dried up – the latest sign the country’s remarkable tech startup boom is beginning to peter out.

China’s tech industry has flourished over the past decade. …

That all changed in 2019 after Washington-imposed trade curbs soured investors on the world’s No. 2 economy, suppressing deal flow. Read More

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Distributing AI to the edge cloud and on-device

5G is about a lot of things that have a key commonality–the devices that connect to 5G will consume and create a lot of data of myriad profiles. Fortunately 5G is designed to handle all that data but people are not. Enter artificial intelligence, a rapidly developing set of tech that Qualcomm’s CTO Jim Thompson said “is going to have a much bigger impact at the edge of the network.”

Thompson and other company execs and communications staff, speaking throughout the Future of 5G workshop this week, called out “edge cloud” and on-device AI as key technologies to enabling both consumer and enterprise use cases. Read More

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