Tech Insider: AI Startup Mobvoi Files for IPO, Musk on ‘Decoupling’

By Ding Yi

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Beijing-based AI startup Mobvoi was valued at $756 million in its last fundraising round three years ago. Photo: VCG

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AI startup Mobvoi files for Hong Kong IPO

Google-backed Chinese artificial intelligence (AI) company Mobvoi Information Technology Co. Ltd. on Tuesday filed for an IPO on the Hong Kong Stock Exchange.

The Beijing-based startup, which was valued at $756 million in its last fundraising round three years ago, did not disclose the size of the offering. Bloomberg reported that the company aims to raise $200 million to $300 million, citing people familiar with the matter.