News Snapshot:
Chinese artificial intelligence chip start-up Axera has raised 800 million yuan ($126 million) from investors including food delivery giant Meituan. Beijing has made boosting self-sufficiency as well as research and development into semiconductors a top priority. That has prompted Chinese tech firms such as Tencent and Alibaba to invest heavily into chip development. Chinese artificial intelligence chip start-up Axera has raised 800 million yuan ($126 million) from investors including food delivery giant Meituan , as the country's largest tech firms continue to pour money into semiconductors. Download our local news and weather app for Apple or Android — and choose...
