Latest news with #ManycoreTech
Bloomberg
14 hours ago
- Business
- Bloomberg
China's Manycore Tech Unfazed by US Chip Curbs
Chinese spatial design software maker Manycore Tech says its business model isn't affected by US restrictions on chip exports. Co-founder and Chairman Victor Huang spoke with Bloomberg about how he's managing the global growth of the firm that is part of a group referred to as "China's six little dragons", that includes Deepseek. (Source: Bloomberg)
Yahoo
17 hours ago
- Business
- Yahoo
China's Manycore Tech Unfazed by US Chip Curbs
Chinese spatial design software maker Manycore Tech says its business model isn't affected by US restrictions on chip exports. Co-founder and Chairman Victor Huang spoke with Bloomberg about how he's managing the global growth of the firm that is part of a group referred to as "China's six little dragons", that includes Deepseek. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
South China Morning Post
05-05-2025
- Business
- South China Morning Post
China's answer to Autodesk, Manycore, bets on AI for a future of ‘spatial intelligence'
Manycore Tech, a Hangzhou-based design firm, is seeking to become a global leader in spatial intelligence, a burgeoning field that blends artificial intelligence (AI) with real-world spatial data to build what is referred to as a 'world model'. Advertisement 'All users pursue beauty, so we're here to offer a platform where their ideas can be realistically and accurately depicted digitally and eventually materialise in reality,' Zhu Hao, co-founder and chief technology officer at Manycore, said in a recent interview with the Post. 'What you see is what you get.' The company's goal is to 'realise imagination' through the help of automated systems, Manycore said in its March initial public offering (IPO) prospectus filed with the Hong Kong stock exchange. As China's answer to the US firm Autodesk, Manycore initially gained a foothold in the home design sector with its flagship products for designers: Kujiale, KuSpace, and an international version of Coohom. These tools enable designers to quickly create detailed interior layouts by dragging and dropping 3D elements to generate construction blueprints, lighting systems and electrical plans, which are rendered in real time by the company's clusters of graphics processing units (GPUs). The company touted itself as the 'world's largest spatial design platform by average monthly active users in 2023, and China's largest software provider by revenue', citing research by US consultancy Frost & Sullivan. Last year, it had 2.7 million monthly active users, serving customers in more than 200 markets globally, according to its filing. Advertisement Founded in 2011 by three Chinese graduates from the University of Illinois Urbana-Champaign, Manycore gained prominence this year as one of Hangzhou's 'Six Little Dragons', a cohort of rising start-ups that includes AI developer DeepSeek and humanoid robot maker Unitree Robotics.
South China Morning Post
24-04-2025
- Business
- South China Morning Post
Hong Kong know-how can help mainland Chinese tech firms expand overseas, experts say
Hangzhou's 'Six Little Dragons' and other mainland Chinese tech firms could leverage Hong Kong's financing capabilities and international access to expand overseas amid the US-China trade war, observers have said. Advertisement Chief Executive John Lee Ka-chiu met representatives from the six start-ups that upended the mainland's tech scene on the second day of his visit to Zhejiang province on Wednesday and pledged to support their expansion into Hong Kong. Observers said the firms' potential presence in the city would improve Hong Kong's research and development (R&D) landscape and commercialisation capabilities. Among the highlights of Lee's second day of his four-day trip was his meeting with representatives of DeepSeek , which made headlines globally this year with its cost-efficient artificial intelligence (AI) model, and five other Hangzhou-based enterprises. 01:49 Hong Kong's leader in Hangzhou to visit top Chinese robotics, neurotech companies Hong Kong's leader in Hangzhou to visit top Chinese robotics, neurotech companies The others were Manycore Tech, Game Science, Deep Robotics, Unitree Robotics and BrainCo, which have risen to prominence in Hangzhou over the past two years and hold significant influence in the sector.
South China Morning Post
24-04-2025
- Business
- South China Morning Post
Hong Kong know-how can help mainland tech firms expand overseas, experts say
Hangzhou's 'Six Little Dragons' and other mainland Chinese tech firms could leverage Hong Kong's financing capabilities and international access to expand overseas amid the US-China trade war, observers have said. Advertisement Chief Executive John Lee Ka-chiu met representatives from the six start-ups that upended the mainland's tech scene on the second day of his visit to Zhejiang province on Wednesday and pledged to support their expansion into Hong Kong. Observers said the firms' potential presence in the city would improve Hong Kong's research and development (R&D) landscape and commercialisation capabilities. Among the highlights of Lee's second day of his four-day trip was his meeting with representatives of DeepSeek , which made headlines globally this year with its cost-efficient artificial intelligence (AI) model, and five other Hangzhou-based enterprises. 01:49 Hong Kong's leader in Hangzhou to visit top Chinese robotics, neurotech companies Hong Kong's leader in Hangzhou to visit top Chinese robotics, neurotech companies The others were Manycore Tech, Game Science, Deep Robotics, Unitree Robotics and BrainCo, which have risen to prominence in Hangzhou over the past two years and hold significant influence in the sector.
