ChainCatcher news, according to Titanium Media, domestic AI large model company Baichuan Intelligence has confirmed that it recently completed a Series A financing round, with a total financing amount reaching 5 billion RMB, and will start Series B financing with a valuation of 20 billion RMB. The Series A investors include leading companies and market-oriented investment institutions such as Alibaba, Xiaomi, Tencent, Yanzhi Capital, and China International Capital Corporation, as well as state-owned industrial investment funds like the Beijing Artificial Intelligence Industry Investment Fund, Shanghai Artificial Intelligence Industry Investment Fund, and Shenzhen Capital Group.In addition to last year's 2.5 billion RMB financing (50 million USD angel round + 300 million USD A1 round), Baichuan Intelligence has now completed a total of 7.5 billion RMB in financing, setting a record for the highest total financing amount in the domestic AI large model field, and has become the latest company to reach a valuation of 20 billion RMB in the "first tier" of large model companies, following MiniMax, Dark Side of the Moon, and Zhipu AI.

ChainCatcher news, according to market news, the crypto company Wintermute is in financing talks with Tencent.

ChainCatcher news, according to TheBlock, the full-chain data network Chainbase has completed a $15 million Series A financing round. Chainbase stated that Tencent Investment Group and Matrix Partners China jointly led this round of financing. Other investors include Folius Ventures, Hash Global, JSquare, Mask Network, and Bodl Ventures.It is reported that following the $3 million seed and angel rounds, this round of financing brings Chainbase's total funding to $18 million.Additionally, the Web3 asset data platform RootData shows that Chainbase is a full-chain data network. Its core mission is to provide a transparent, reliable, and permissionless data layer for the AI era. Through its modular design, it supports cross-chain data interoperability and programmability, making it easy to build and use data models.

ChainCatcher news, according to official sources, Tencent Cloud has launched a blockchain infrastructure solution for MultiversX to address the main challenges developers face in transitioning to Web3, minimizing the hassle of deploying and managing MultiversX blockchain infrastructure nodes.It is reported that the two companies will also accelerate the development of blockchain-driven game development, including the launch of funding programs and support for ecosystem hackathons.

ChainCatcher news, according to a report by Financial界, the National Intellectual Property Administration announced that Tencent Technology (Shenzhen) Co., Ltd. has applied for a patent named "Blockchain Transaction Packaging Method, Device, Equipment, Storage Medium and Program Product," with publication number CN117609361A, and the application date is October 2023.

ChainCatcher news, according to official sources, KIP Protocol announced that it has won the Tencent Cloud Award at the 2023 Chainlink Constellation Hackathon. In response, KIP Protocol stated that the award is a recognition of its decentralized artificial intelligence technology. It is reported that the Chainlink Constellation Hackathon had over 18,000 participants, competing for 20 winners.KIP Protocol is a decentralized protocol aimed at protecting personal digital property rights in the AI era. As a decentralized foundational layer, one of its core technological solutions allows AI models, applications, and knowledge asset owners to build on the KIP Protocol, achieving on-chain real-time value realization between users and knowledge asset owners for the first time. The KIP Protocol team consists of senior PhDs and technical experts dedicated to AI research since 2019, who also have a strong professional background and rich experience in the Web3 field.

ChainCatcher news, according to Cointelegraph, Microsoft, Tencent, and 16 other Web2 giants have partnered with ConsenSys to jointly fulfill the decentralization mission of the Infura network. The collaboration aims to enhance the decentralization of the Infura network, which is crucial to prevent disruptions in its Web3 services, including the wallet service MetaMask.

ChainCatcher news, according to 36 Kr, at the Digital Finance Forum in Beijing, Tencent released a digital renminbi smart contract enterprise credit solution. The Tencent digital renminbi project is jointly operated by Tenpay and WeBank, and under the guidance of the Digital Currency Research Institute of the People's Bank of China, the Tencent digital renminbi project team has customized and developed this solution for WeBank's small and micro enterprise clients. In the future, based on stable operation, they will cooperate with more commercial banks and industry partners to expand the application scope and promote the application of digital renminbi.

ChainCatcher news, according to Securities Times, under the guidance of the Central Bank Digital Currency Research Institute, Tencent, as one of the first operating institutions for digital renminbi, is actively participating in the multilateral central bank digital currency bridge project (Project mBridge). Tencent will leverage the multilateral central bank digital currency bridge to explore pilot application projects in both outbound and inbound directions, enhancing the cross-border payment service experience. The multilateral central bank digital currency bridge refers to a project optimized for cross-border payment experiences, jointly participated by multiple central banks based on distributed ledger technology (DLT), aimed at achieving interoperability and interaction between the central bank digital currencies of different countries.

ChainCatcher news, the TON Foundation announced a collaboration with Chainbase and Tencent Cloud to promote blockchain development in the Asia-Pacific region. Tencent Cloud and the TON Foundation are committed to supporting web applications and bots built within Telegram. Additionally, projects built on TON, upon approval, will receive dedicated cloud credits and product discounts through the Tencent Cloud Startup Program.It is reported that Chainbase will provide the first data indexing product on TON, which developers can use for free to query and analyze TON data. Furthermore, Chainbase's enterprise node deployment service will offer low-latency and reliable blockchain connectivity for Web3 projects and developers on TON.

ChainCatcher news, according to CryptoPotato, decentralized blockchain infrastructure provider Ankr has partnered with Tencent Cloud to launch "Tencent Cloud Blockchain RPC," aimed at meeting the needs of enterprises and organizations for efficient and reliable access to blockchain infrastructure.It is reported that Tencent Cloud Blockchain RPC enables developers to easily retrieve data and conduct transactions across various blockchains, including Ethereum mainnet, BNB Smart Chain, and Polygon PoS.

ChainCatcher news, blockchain low-code development platform provider Morpheus Labs announced the signing of a memorandum of understanding with Tencent Cloud, aiming to promote Web3 gaming and metaverse innovation, and facilitate the development of the Web3 ecosystem. According to the memorandum, the collaboration between Tencent Cloud and Morpheus Labs will cover the development of digital technologies, blockchain, and Web3-related solutions, and will jointly build a fast, secure, and scalable integrated development environment.Both parties are primarily focused on the Asia-Pacific region, seeking to provide services for established and emerging companies in gaming and other verticals of blockchain to accelerate growth in their respective markets. (Source link)

ChainCatcher news, over the past few months, most of the leading cryptocurrency companies with Chinese backgrounds have been seeking to connect with regulatory authorities in Hong Kong, including Cobo from Shenyu and Zhao Changpeng's Binance Group.It is said that the regulatory authorities, led by the Hong Kong Securities and Futures Commission and the Monetary Authority, have changed their earlier image of being "difficult to deal with" and have become more approachable and communicative. Individuals such as the Secretary for Financial Services and the Treasury, Christopher Hui, had already proactively invited financial professionals related to virtual assets in Hong Kong to meet during the pandemic.Currently, in addition to having launched the virtual currency trading fund license and exchange license procedures as scheduled, the regulatory authorities in Hong Kong will soon introduce matters related to stablecoin licenses and are even exploring diversified virtual currency derivatives, such as spot Bitcoin ETFs.Two individuals who are attempting to apply for an exchange license stated that they expect the costs required before submitting the license application to be at least around HKD 100 million. This cost mainly consists of system technology, aside from the management personnel costs, and this is merely an entry ticket for applying for an exchange license in Hong Kong. (Source link)

ChainCatcher news, Tencent Cloud has established a partnership with Chainlink Labs, providing tools such as cloud virtual machines and Elastic Kubernetes Service for Web3 developers. In the future, these solutions can be integrated with Chainlink Web3 services to provide access to off-chain data and computation.Through this collaboration, the Chainlink BUILD project will receive a $10,000 Tencent Cloud service voucher, priority listing of products and services on the Tencent Cloud international market, and early invitations to join the Tencent Cloud Web3 network, webinars, and events. (Source link)

ChainCatcher news, Tencent Cloud announces a partnership with Injective to support developers on Injective, starting with developers from the Injective Global Virtual Hackathon. (source link)