Hillhouse Capital Group

Zhihu Inc. Appoints New Chief Financial Officer

Retrieved on: 
Monday, February 19, 2024
Legend Holdings, Hillhouse Capital Group, Growth, Zhihu, Communication, Management

BEIJING, Feb. 19, 2024 /PRNewswire/ -- Zhihu Inc. (NYSE: ZH; HKEX: 2390) ("Zhihu" or the "Company"), a leading online content community in China, today announced the appointment of Mr. Han Wang as the chief financial officer of the Company, effective immediately.

Key Points: 
  • BEIJING, Feb. 19, 2024 /PRNewswire/ -- Zhihu Inc. (NYSE: ZH; HKEX: 2390) ("Zhihu" or the "Company"), a leading online content community in China, today announced the appointment of Mr. Han Wang as the chief financial officer of the Company, effective immediately.
  • Mr. Henry Dachuan Sha resigned as a director and the chief financial officer and is appointed as the chief investment officer of the Company, effective immediately.
  • "Meanwhile, on behalf of our board and the management team, I would like to thank Henry for his service as a director and the chief financial officer."
  • I look forward to working with the board and management team to drive Zhihu's further growth," said Mr. Wang.

Silicon Box Accelerates Industry Leadership With Production Commencement at its World Leading Advanced Packaging Facility and Series B Fundraising

Retrieved on: 
Monday, January 8, 2024
Dai, Architecture, QFN, Conference, Maverick Capital, LLM, ISSCC, AI, Lam Research, Marvell Technology, LAS, Chiplet, Hillhouse Capital Group, IP, Electronics, SOC, Silicon, STATS, Renewable energy

The company is already forecasting high demand on existing capacity and has successfully closed Series B funding to expand production rapidly.

Key Points: 
  • The company is already forecasting high demand on existing capacity and has successfully closed Series B funding to expand production rapidly.
  • Additionally, Silicon Box's large production format sets a new industry standard for large scale, high yield production especially for advanced chiplet-based designs.
  • Silicon Box announced a successful $200M Series B fundraising round, bringing the company to over a one-billion-dollar valuation.
  • Silicon Box and its technologies are extremely important for the semiconductor industry, and the digital world."

Silicon Box Accelerates Industry Leadership With Production Commencement at Its World Leading Advanced Packaging Facility and Series B Fundraising

Retrieved on: 
Monday, January 8, 2024
Dai, Architecture, QFN, Conference, Maverick Capital, LLM, ISSCC, AI, Lam Research, Marvell Technology, Chiplet, Hillhouse Capital Group, IP, Electronics, SOC, Silicon, STATS, Renewable energy

Company is leading the pack to bring affordable, high performance, power-optimized, scalable solutions that enable next-gen large language models (LLM), generative AI, automotive, data centers, and mobile computing

Key Points: 
  • The company is already forecasting high demand on existing capacity and has successfully closed Series B funding to expand production rapidly.
  • Additionally, Silicon Box's large production format sets a new industry standard for large scale, high yield production especially for advanced chiplet-based designs.
  • Silicon Box announced a successful $200M Series B fundraising round, bringing the company to over a one-billion-dollar valuation.
  • Silicon Box and its technologies are extremely important for the semiconductor industry, and the digital world."

Major Efforts by China's Sanya CBD in Modern Financial Industry

Retrieved on: 
Friday, December 29, 2023
Carbon, Science, IDG, USD, Hillhouse Capital Group, Sanya, Growth, CBD, Drug

SANYA, China, Dec. 29, 2023 /PRNewswire/ -- Recently, at the 3rd Sanya International Wealth Management Summit held at the Hainan Free Trade Port in China, the Sanya Central Business District - Financial Expansion and Opening-up Pilot Zone (the Modern Financial Industry Cluster) was officially unveiled.

Key Points: 
  • SANYA, China, Dec. 29, 2023 /PRNewswire/ -- Recently, at the 3rd Sanya International Wealth Management Summit held at the Hainan Free Trade Port in China, the Sanya Central Business District - Financial Expansion and Opening-up Pilot Zone (the Modern Financial Industry Cluster) was officially unveiled.
  • According to the Sanya CBD, this is the Hainan Free Trade Port's only financial expansion and opening-up pilot zone and the only approved modern financial industry cluster.
  • As a crucial growth hub in the construction of the Hainan Free Trade Port, Sanya City has implemented supportive incentives to boost the development of the financial industry in recent years, receiving sustained and steady progress.
  • The CBD has also attracted nearly 200 International venture capital institutions and private equity fund management companies, including Sequoia China, Hillhouse Capital, and IDG.

Timeplus Open Sources its Powerful Streaming Analytics Engine for Developers Globally

Retrieved on: 
Thursday, September 21, 2023
Sentinel, GitHub, SQL, Huatai Securities, Internet of things, ClickHouse, OLAP, Commercial software, Hillhouse Capital Group, Organization, Supply, Sentinel Capital Partners, Fraud, SVP, Cryptocurrency, Retail, Proton, Apple

SANTA CLARA, Calif., Sept. 21, 2023 /PRNewswire/ -- Timeplus, creator of one of the industry's fastest and most powerful streaming analytics platforms, announced today that it has licensed its core engine, Proton, as open source for developers worldwide. Timeplus has developed an innovative, unified streaming + historical analytics platform, with its historical online analytical processing (OLAP) using ClickHouse. This means businesses can now seamlessly generate ad hoc reports over very large datasets, using both historical data and live streaming data. And they can accomplish this faster and at a lesser cost than with other streaming frameworks.

Key Points: 
  • SANTA CLARA, Calif., Sept. 21, 2023 /PRNewswire/ -- Timeplus, creator of one of the industry's fastest and most powerful streaming analytics platforms, announced today that it has licensed its core engine, Proton, as open source for developers worldwide.
  • Timeplus has developed an innovative, unified streaming + historical analytics platform, with its historical online analytical processing (OLAP) using ClickHouse.
  • The unique combination of best-in-class real-time OLAP analytics (ClickHouse) with powerful, lightweight streaming processing and incremental analytics capabilities (Timeplus) will transform the way data engineers and analysts work.
  • Timeplus has combined the power of unified historical plus streaming queries with a low-latency engine - all through the open standard of SQL.

BitValue Capital Invests $10 Million in IOST to Advance Web3 and AI Integration

Retrieved on: 
Tuesday, April 4, 2023
Consensus, Ethereum, Blockchain, Communication, Partnership, NFT, Sequoia, Marketing, Deep learning, API, Merge, Validation (drug manufacture), Hillhouse Capital Group, ZhenFund, EVM, Growth, Ecosystem, AI, IA-32 Execution Layer, Matrix Partners, Beacon, Forestry, Cryptocurrency, Video game, Dapp

Canadian Web3 investment firm BitValue Capital announces a strategic partnership with IOST through a $10 million USD long-term investment aimed at enhancing IOST’s mainnet capabilities and supporting the continuous development of its ecosystem.

Key Points: 
  • Canadian Web3 investment firm BitValue Capital announces a strategic partnership with IOST through a $10 million USD long-term investment aimed at enhancing IOST’s mainnet capabilities and supporting the continuous development of its ecosystem.
  • Upon its mainnet upgrade, IOST will achieve higher throughput and availability, becoming a true Web3 blockchain operating system.
  • In IOST 2.0’s subchains, the AI Native Blockchain will have vast potential for development with the integration of Web3 and AI technologies.
  • BitValue Capital’s investment in IOST is based on the project’s strengths and potential in the blockchain sector, as well as a profound understanding of the prospects for Web3 and AI integration.

AI NPCs are the future of gaming: Parametrix.ai leads the way with its revolutionary GAEA system

Retrieved on: 
Friday, March 24, 2023
Dance, LLM, Human, Life, ChatGPT, Record, GAEA, Hillhouse Capital Group, Environment, Video, MIT Computer Science and Artificial Intelligence Laboratory, Policy Network, Memory, Immersion, Motivation, Personality, AI, NPC, Policy, 5Y Capital, Pedestrian, Behavior, Tree (graph theory), Non-player character, Entertainment, Video game, Toy, Westworld

SHENZHEN, China, March 24, 2023 /PRNewswire/ -- This is a report from PingWest:

Key Points: 
  • For the video game industry, which already involves a lot of AI work, the transformation will be even more profound.
  • "There hasn't been a technology this revolutionary for gaming since real-time 3D," A16Z wrote in its blog post.
  • This should be credited to GAEA, a massive data-driven system developed by Parametrix.ai, a Shenzhen-headquartered AI company.
  • All of these efforts have enabled GAEA to construct the "Living Chang'an City," an AI society run autonomously by multiple AI NPCs, marking a significant improvement over decision trees.

Philips Domestic Appliances becomes Versuni

Retrieved on: 
Friday, February 17, 2023
Home Goods, Retail, Other Retail, Life, Saeco, Air fryer, Gaggia, Philips, Sale, Atmosphere, Major appliance, Coffee, Household, UNIVERSE, Hillhouse Capital Group, Growth, Design, UNIVERSAL, Iron, Cassette tape, Renewable energy

Today, Philips Domestic Appliances has announced the change of its company name to Versuni.

Key Points: 
  • Today, Philips Domestic Appliances has announced the change of its company name to Versuni.
  • As a licensee of Royal Philips, the company will continue to use the Philips consumer brand, as well as Saeco, Gaggia and Philips Walita, on its products and services.
  • “Versuni begins a new chapter after we moved forward as a standalone company,” said Henk S. de Jong, CEO of Versuni.
  • As Philips Domestic Appliances, the company also brought the Airfryer category to market and successfully rolled-out innovations such as the Philips Air Cooker 7000 Series, delivering great taste and nutrition via a connected app, and the Philips AquaTrio Cordless Wet & Dry Vacuum 9000 Series that cleans any floor type and mops your hard floors as it vacuums.

NovoEd Announces Winners of its First-Annual Novie Awards

Retrieved on: 
Wednesday, February 8, 2023
Product management, Organization, Novo Nordisk Foundation, Hillhouse Capital Group, Jeremy Novy, L&D, Strauss, Campfire, Entrepreneurship, Mostafa Ronaghi, Inauguration, Capital Group Companies, Socialization, Collaboration, Data management, Learning, Diffusion, Tutoring, Auction, Management

SAN FRANCISCO, Feb. 8, 2023 /PRNewswire/ -- NovoEd, the leading social and collaborative learning platform for deep capability building in the enterprise, is pleased to announce the winners of its first-ever Novie Awards, honoring brilliance in cohort learning. A corresponding awards ceremony served as a centerpiece of the company's first-ever L&D Campfire, a multi-dimensional immersion in social and collaborative learning that took place on Jan. 19, 2023. The virtual celebration assembled more than 250 learning & development leaders to share their unique perspectives on cohort learning and build deep relationships with fellow attendees.

Key Points: 
  • A corresponding awards ceremony served as a centerpiece of the company's first-ever L&D Campfire , a multi-dimensional immersion in social and collaborative learning that took place on Jan. 19, 2023.
  • The virtual celebration assembled more than 250 learning & development leaders to share their unique perspectives on cohort learning and build deep relationships with fellow attendees.
  • NovoEd is pleased to announce the winners of its first-ever Novie Awards, honoring brilliance in cohort learning.
  • The 2023 L&D Campfire by NovoEd's Novie Award winners are:
    "We are proud to honor these influential companies that are defining the future of corporate training through collaborative cohort-based learning experiences," said NovoEd Chief Marketing Officer Christina Yu.

Legacy Suite Receives CertiK Audit Certification of Its Smart Contract for Digital Asset Inheritance System

Retrieved on: 
Tuesday, November 29, 2022
Advent International, Blockchain, Certification, Major League Baseball, Bell, Insight Partners, Hillhouse Capital Group, Non-fungible token, Behavior, Sequoia, Smart contract, Tiger Global Management, Goldman Sachs, Cryptocurrency, Medical device, Speed of light

NEW YORK, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Legacy Suite , the industry leader in digital asset preservation, has received a CertiK Audit Certification for its Smart Contract, which is designed to allow users to securely transfer digital assets to their beneficiaries without sharing sensitive information.

Key Points: 
  • NEW YORK, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Legacy Suite , the industry leader in digital asset preservation, has received a CertiK Audit Certification for its Smart Contract, which is designed to allow users to securely transfer digital assets to their beneficiaries without sharing sensitive information.
  • Once smart contract properties are proven valid, they guarantee the contract will behave as intended.
  • Smart contract errors can be costly; in 2022, Major League Baseball player Micah Johnson recently lost $34 million due to a smart contract error .
  • To learn more about Legacy Suite and how to secure digital assets, please visit https://www.legacysuite.com .