The AI chip developer has raised series C-plus funding, two months after securing $100m in a China Electronics Corporation Data-led series C round.

Existing investor Tencent was reportedly among the participants in a series E round that valued the online answer platform at $2.5bn.

Alibaba co-led a series A round for Suning's sporting spinoff which included SenseTime and Evergrande Group.

Already backed by Qualcomm, Alibaba and Suning, facial recognition software developer SenseTime could receive up to $1bn from SoftBank Vision Fund.

The data analytics software provider took its total funding to $25m with a series B round that included existing investor Cisco.

Deep learning technology startup DeePhi had raised funding from investors including Tsinghua Holdings as well as Samsung, Ant Financial, MediaTek and its new owner, Xilinx.

Tencent led a nine-figure renminbi round for Haoyiku, which enables brands to sell on excess inventory through the corporate's WeChat app.

Deep learning technology startup DeePhi had raised funding from investors including Samsung, Ant Financial, MediaTek and its new owner, Xilinx.