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Ann Cao

Ann Cao

Shanghai
Reporter, Technology
Ann Cao is a Shanghai-based technology reporter for the Post, covering technology start-ups and policies in the city and eastern China. She graduated from the University of Hong Kong with a master's degree in journalism.
Ann Cao is a Shanghai-based technology reporter for the Post, covering technology start-ups and policies in the city and eastern China. She graduated from the University of Hong Kong with a master's degree in journalism.
Areas of Expertise:
Technology, gaming, e-commerce
Languages Spoken:
English, Mandarin

Chinese AI champion iFlytek forms new entity to expand into semiconductor design

Shandong Yixun Information Technology’s scope of operations includes integrated circuit design and other AI-related fields.

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More than 5 million investors vied for allotments in the chipmaker’s share offering, which aims to raise US$594 million.

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Chinese smart-glasses makers, such as Rokid and Alibaba, and global giant Meta are counting on artificial intelligence to kick-start demand for the devices.

‘We have entered into an investment phase to build long-term strategic value in AI technologies and infrastructure,’ CEO Eddie Wu Yongming says.

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