Science and Technology

Alibaba-Backed AI Startup Megvii Receives Go-Ahead for 6 Billion Yuan Shanghai IPO

(Source: Pandaily) On September 9, an official announcement issued by the Shanghai Stock Exchange showed that the initial listing of AI firm Megvii Technology on the Science and Technology Innovation Board has been approved. Megvii proposed to raise 6.018 billion yuan ($934.6 million) in the transaction. According to its updated prospectus on September 2, after…

Motorola’s Over-the-Air Wireless Charging Tech Might Be Cool, but Probably Won’t Be Fast

Motorola’s over-the-air wireless charging technology works up to three meters.Screenshot: YouTube / MotorolaOver-the-air wireless charging is the dream—after all, who doesn’t want to charge their phone without plugging it in? Gadget-makers have attempted to bring the technology to market and make it a daily reality, though there’s still work to be done and regulatory hurdles to…

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