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US-China tariffs likely to impact Apple prices, iPhone 17 adjustments expected

TechNode

US tariff hikes affecting China, and Chinas reciprocal tariff measures, could impact import costs of Apples iPhones. Analysts at Rosenblatt Securities predict that Apple may raise iPhone and Apple Watch prices by as much as 43%. If Apple is unable to offset these costs through other means, it may pass some on to consumers.

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Chinese AI startup Zhipu secures over $140 million in new strategic funding

TechNode

Chinese AI startup Zhipu announced today that it has raised over RMB 1 billion ($140 million) in a new strategic funding round. It also marks the first funding round this year among China’s so-called “ six AI tigers ,” a group of emerging large-model startups. million) in funding on Dec. 17, 2024.

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Chinese online education app Zuoyebang raises $1.6 billion from investors including Alibaba

TechCrunch

The rivalry between China’s top online learning apps has become even more intense this year because of the COVID-19 pandemic. The latest company to score a significant funding round is Zuoyebang , which announced toda y (link in Chinese) that it has raised a $1.6 The latest financing brings Zuoyebang’s total raised so far to $2.93

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Nowports raises $16M to build the OS for LatAm’s shipping industry

TechCrunch

Nowports , an automated digital freight forwarder in Latin America, has raised $16 million in Series A funding. The investment brings Nowports’ total raised since its 2018 inception to over $24 million. Nowports raises $5.3 million to become Latin America’s digital shipping answer to Flexport.

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Buildots raises $30M to put eyes on construction sites

TechCrunch

One year after raising $16 million , construction technology company Buildots is back to claim another $30 million, this time in Series B funding. There is no more blaming or cutting corners because the system validates that and also makes construction a healthier industry to work in.”. Germany, Switzerland, Scandinavia and China.

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SoftBank leads $15M round for China’s industrial robot maker Youibot

TechCrunch

SoftBank has picked its bet in China’s flourishing industrial robotics space. The startup, based in Shenzhen where it went through SOSV’s HAX hardware accelerator program, secured three financing rounds during 2020 as businesses and investors embraced industrial automation to minimize human contact.

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Profet AI helps manufacturers build prediction models and industrial AI software

TechCrunch

Profet AI , a Taiwanese startup that makes auto machine learning software for manufacturers, announced today it has raised $5.6 The funding will be used on Profet AI’s expansion in Japan, Southeast Asia and China, with plans to sign joint ventures with overseas partners. million in Series A funding. Smartex sews up $24.7M