Summary
The nation’s biggest AI companies urgently need to tap the stock market, as private-equity and venture-capital funding becomes increasingly difficult. But it is a rocky road ahead, as trade and technology conflicts between China and the US complicate their prospects. Investors’ lack of patience with the broad market volatility and commercial outlook of the new technology also poses challenges.
Han Wei China’s major artificial intelligence (AI) companies are rushing for public stock sales, even as investors’ appetite for new issues is waning, making it harder for them to raise fresh funds to sustain growth has gone. The road to an initial public offering (IPO) has been rocky for the country’s biggest AI ventures as trade and technology face-offs between China and the US complicate their prospects. widespread market volatility and
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Caixin Global
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