China: Watch 01.AI

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🇨🇳 🇨🇳 Chinese company 01.AI has reached a valuation of more than $1 billion after a funding round that included Alibaba Group Holding Ltd’s cloud unit. The chief executive officer of venture firm Sinovation Ventures will be CEO of the new startup. He began assembling the team for 01.AI in March and started operations in June

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