China Now Has the Most Valuable AI Startup in the World

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China Now Has the Most Valuable AI Startup in the World

SenseTime Group Ltd. has raised $600 million from Alibaba Group Holding Ltd. and other investors at a valuation of more than $3 billion, becoming the world's most valuable artificial intelligence startup. The company, which specializes in systems that analyze faces and images on an enormous scale,
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Sequoia Takes Facebook Stake as Shares Slide in Data Controversy

The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. “The recent controversy enabled us to purchase a very unusual business franchise riding several powerful secular trends at a
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All You Need To Know Going Into Trade On April 9

Stocks in Asia fluctuated and U.S. equity-index futures rebounded as trade worries remained a key market driver, keeping risk appetite in check. The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index's performance in India, fell 0.3 percent at 10,313 as of 6:55 a.m.. Short on time? Well
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Pentagon Says It's Not Conducting Missile Strikes: Syria Update

A Syrian airbase was hit with a missile attack early on Monday, the country's official news agency reported, a day after U.S. President Donald Trump warned of a “big price to pay” in response to reports of a chemical attack outside the nation's capital. The Pentagon said it wasn't conducting airstrikes, with
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Auditing firm backflip clears Gosford accounts

Accounting firm Price Waterhouse Coopers appears to have done a backflip in its assessment of the former Gosford Council's finances. The auditing firm has now reported to Central Coast Council that it could only find “minor errors” and no evidence of fraud in the former Gosford Council's financial
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