Feb 09, 2024 01:32 PM

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Daily Tech Roundup: Software Service Providers Bet on AI Amid Funding Chill

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Welcome to the Daily Tech Roundup — a briefing of the top technology news making headlines in China and the rest of Asia.

China’s software service providers bet on AI amid funding chill

The Chinese software service industry is heading into a capital winter as the buzz of the late 2010s and flood of investment have yet to generate any headline-grabbing success stories. But as downtrodden investors pull back from much of the sector, one niche is still attracting capital: software as a service combined with artificial intelligence (AI).

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