China’s AI companies dig in as SpaceX, US rivals ready IPO bonanza
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China’s AI companies dig in as SpaceX, US rivals ready IPO bonanza

Markets

CATL eyes tenfold growth on humanoid robot, data center demand

AI-related companies from China raised $21 billion through Hong Kong IPOs in the first five months, more than double a year earlier. © Reuters

SHENZHEN — Chinese artificial intelligence players have pledged to stay in the race for AI supremacy as their U.S. peers gear up for a string of record-breaking initial public offerings.

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