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Synopsis
The country’s largest AI companies need to tap the stock market urgently, as private-equity and venture-capital funding have become increasingly difficult. But it’s a rocky road ahead, as the trade and technology face-off between China and the US has complicated their prospects. Broader market volatility and investors’ loss of patience with the new technology’s commercial outlook also pose challenges.
Han Wei China’s leading artificial intelligence (AI) companies are racing for public share sales even as investors’ appetite for new issues is waning, making it harder for them to generate fresh funding to sustain growth.The road to initial public offerings (IPOs) has been rocky for the country’s largest AI enterprises as the trade and technology face-off between China and the U.S. complicates their prospects. Broader market volatility and
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