Security

Megvii Announces $935M IPO as China’s AI Dragons Prepare to Fly

“As a society, we have experienced three distinct industrial revolutions: steam power, electricity, and information technology. I believe artificial intelligence (AI) is the engine fueling the fourth industrial revolution globally, digitizing and automating everywhere,” says Kai-Fu Lee, chairman and CEO of Sinovation Ventures and author of ‘AI 2041: Ten Visions for Our Future’. “China is at the forefront in manifesting this unprecedented change.” The evidence suggesting China is leading the race to AI supremacy is growing. Last year China overtook the US in terms of AI-related academic citations for the first time, representing 20.7% of the total, against 19.8% for the U.S., according to a report from Stanford University. At the last Conference on Neural Information Processing Systems, a leading international conference on AI, researchers from China accounted for the largest share (29%) of the presentations, with the US in second (20%). While in the smart buildings sector, Chinese AI startups are far ahead in terms of funding and […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now from just $400 per year per user for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 2000 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

SmartVatten 2025
Smart Buildings

Smartvatten Strengthens European Position with 2025 LeakLook Acquisition

This Research Note examines Smartvatten, a Finnish specialist in water efficiency technology and expertise in Northern Europe. It updates our previous article in March 2024, covering Smartvatten’s solutions, key developments in 2024, sustainability partnerships and the September 2025 acquisition of LeakLook, a Finnish specialist in IoT-driven water monitoring for real estate. Smartvatten Profile Established in […]

Johnson Controls Tyco Merger
Smart Buildings

Johnson Controls + Tyco: Nearly 10 Years on from the $16.5B Mega Merger

Nearly 10 years after the merger between Johnson Controls and Tyco in 2016, the $16.5 billion deal stands as one of the most significant consolidation moves in the building technologies sector. Today, with the benefit of hindsight and financial data, we can evaluate whether this mega-merger achieved its ambitious objectives. The 2016 merger created a […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.