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Chinese AI Start-up Manycore in Global Push Amid US Tensions
The Straits Times
|March 21, 2025
China's artificial intelligence (AI) start-up Manycore Tech is keen to grow its global presence, despite tensions between Washington and Beijing presenting increasing challenges for Chinese companies to build cutting-edge technologies and market them abroad.
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The Hangzhou-based spatial design software supplier, a potential challenger to US-based Autodesk, now has local teams in more than 10 countries including the United States, South Korea, Thailand, Indonesia and Malaysia to serve enterprise customers.
"All the countries need our product but we should pick some countries to run, to focus on," Manycore co-founder and chairman Victor Huang told Bloomberg TV in an interview on March 19. "Our global business is also growing very fast, especially for the freemium model. So I think it has great potential for globalisation."
The 40-year-old joined a group of young Chinese AI entrepreneurs including Manus AI's Mr Xiao Hong in expressing global ambitions at a time when China-based companies are attracting more scrutiny in the West, with DeepSeek banned from government devices in several countries.
Dit verhaal komt uit de March 21, 2025-editie van The Straits Times.
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