Razer Raises At A $1.5B Valuation, With $75M From China’s Digital Grid For Immersive Gaming

 Razer, the gaming technology company based out of Southern California, has raised another round of funding, a Series C that values it at $ 1.5 billion, TechCrunch has learned. The backing comes in part from China, specifically the Digital Grid… Continue Reading

Meituan-Dianping, China’s Largest Group Deals Site, Closes Massive $3.3B Round At $18B Valuation

 Meituan-Dianping, China’s largest group deals site, confirmed that it has closed a colossal $ 3.3 billion round at a valuation of $ 18 billion. The company claims that this is the largest single funding round ever raised by a venture-backed… Continue Reading

Meituan and Dianping, China’s Top Group Deals Sites, Merge In Multi-Billion Dollar Deal

 First Uber competitors Didi Dache and Didi Kuaidi came together, now China’s tech industry is getting another merger between billion dollar rivals this year after group buying sites Meituan and Dianping confirmed plans to become one. Read More TechCrunch »… Continue Reading

Alibaba’s Cloud Computing Group Says Its New Artificial Intelligence Platform Is China’s First

 Aliyun, the cloud computing unit of Alibaba Group, is launching an artificial intelligence service that it claims is the first in China. Called DT PAI, the platform combines algorithms used by Alibaba with machine and deep learning techniques and presents… Continue Reading