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Chinese AI startup Butterfly Effect seeks $500 million valuation in new funding round, targeting US market
Chinese AI startup Butterfly Effect seeks $500 million valuation in new funding round, targeting US marketMarch 28 Chinese startup Butterfly Effect, the developer of the AI agent Manus, is actively in talks with US venture capital firms and other potential investors for a new funding round targeting a valuation of at least $500 million, a roughly fivefold increase from its previous valuation, according to multiple sources familiar with the matter. This move underscores the continued interest of US investors in Chinese AI technology and the significant progress Butterfly Effect has made in the AI application field...
Industry dynamics 2025-03-31 12:56:22 -
ChatGPT and Privacy: Balancing AI Convenience with Personal Information Protection
ChatGPT and Privacy: Balancing AI Convenience with Personal Information ProtectionOver the past few years, OpenAI's ChatGPT has helped countless users learn and solve problems. However, this convenience comes with inherent risks to personal privacy...
Industry dynamics 2025-03-31 12:55:06 -
Waymo Self-Driving Car Safety Accident Analysis: Data Interpretation and Comparison with Human Drivers
Waymo Self-Driving Car Safety Accident Analysis: Data Interpretation and Comparison with Human DriversA fatal accident involving a fully autonomous Waymo vehicle in San Francisco on January 19th, 2025, sparked widespread public concern about the safety of autonomous driving technology. While Waymo was not at fault in this accident, this incident, along with another significant accident in San Francisco in October 2024, highlights the challenges faced by autonomous driving technology in real-world applications and provides valuable case studies for a deeper analysis of Waymo's safety...
Industry dynamics 2025-03-31 12:52:56 -
iOS 19: Codename "Solarium" Hints at a Glass-Like Redesign, Potentially the Biggest Overhaul Since iOS 7
iOS 19: Codename "Solarium" Hints at a Glass-Like Redesign, Potentially the Biggest Overhaul Since iOS 7Multiple sources consistently point to a significant design overhaul in Apple's upcoming iOS 19, centered around a more extensive use of translucent design elements. This "glassmorphism" effect, featuring semi-transparent buttons, menus, and notification banners, will reportedly permeate the entire system...
Mobile Internet 2025-03-31 12:51:47 -
ICBC Awarded Patent for Blockchain-Based Letter of Credit Verification: Technological Innovation Drives Financial Service Upgrades
ICBC Awarded Patent for Blockchain-Based Letter of Credit Verification: Technological Innovation Drives Financial Service UpgradesOn March 28, 2025, the State Intellectual Property Office of China announced that Industrial and Commercial Bank of China Limited (ICBC) was granted a patent for a "Method and Apparatus for Processing Letter of Credit Verification Data Based on Blockchain," with authorization announcement number CN113159932B. The patent application was filed in May 2021...
Blockchain 2025-03-31 12:38:46 -
Chain Nong Technology Applies for Blockchain Payment and Settlement Patent: Enhancing Efficiency in Agricultural Supply Chain Finance
Chain Nong Technology Applies for Blockchain Payment and Settlement Patent: Enhancing Efficiency in Agricultural Supply Chain FinanceOn March 29, 2025, the State Intellectual Property Office of China revealed that Chain Nong (Shenzhen) Information Technology Co., Ltd...
Blockchain 2025-03-31 12:38:20 -
Guangdong Lanxun Technology Applies for Patent on "Blockchain-Based Intelligent Management System for Underground Parking Garages," Enhancing Security and Efficiency
Guangdong Lanxun Technology Applies for Patent on "Blockchain-Based Intelligent Management System for Underground Parking Garages," Enhancing Security and EfficiencyOn March 29, 2025, the State Intellectual Property Office of China (SIPO) revealed that Guangdong Lanxun Technology Development Co., Ltd...
Blockchain 2025-03-31 12:30:51 -
China's Drive to Facilitate Overseas Payments Supports the Development of International Consumption Centers
China's Drive to Facilitate Overseas Payments Supports the Development of International Consumption CentersOn March 26th, the State Council General Office forwarded the Ministry of Commerce's "Several Measures to Support the Cultivation and Construction of International Consumption Center Cities," marking a significant step in China's efforts to facilitate payments for overseas individuals. The notice explicitly proposes the improvement of a multi-layered and diversified payment service system, encouraging more merchants to accept foreign bank cards, and supporting the use of more overseas e-wallets domestically...
Blockchain 2025-03-31 12:24:59 -
Huawei Cloud Applies for "Blockchain Smart Contract Security Processing" Patent to Enhance Contract Security
Huawei Cloud Applies for "Blockchain Smart Contract Security Processing" Patent to Enhance Contract SecurityHuawei Cloud Computing Technology Co., Ltd...
Blockchain 2025-03-31 12:23:46 -
Southern Power Grid's Patent Application for Blockchain-Based Power Data Security Control System Approved
Southern Power Grid's Patent Application for Blockchain-Based Power Data Security Control System ApprovedOn March 28, 2025, the State Intellectual Property Office of China announced that Southern Power Grid Scientific Research Institute Co., Ltd...
Blockchain 2025-03-31 12:17:55 -
Ping An Puhui's "Intelligent Payment" Patent Application: Enhancing Efficiency and Security
Ping An Puhui's "Intelligent Payment" Patent Application: Enhancing Efficiency and SecurityOn March 29, 2025, the State Intellectual Property Office of China (SIPO) revealed that Ping An Puhui Asset Management Co., Ltd...
Blockchain 2025-03-31 12:15:53 -
China Mobile Internet's Patent Application: Secure Call Encryption Using Blockchain Technology
China Mobile Internet's Patent Application: Secure Call Encryption Using Blockchain TechnologyOn March 29, 2025, the State Intellectual Property Office of China revealed that China Mobile Internet Co., Ltd...
Blockchain 2025-03-31 12:14:40