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China's quartet of AI giants walk through the 'valley of death'

SenseTime, Megvii, CloudWalk and Yitu thirst for IPO cash as investors dry up

China's four leading AI companies are starting to lose their luster amid the ongoing Sino-U.S. faceoff and waning investor confidence.   © AP

China's leading artificial intelligence companies are racing to go public even as investor appetite for new stocks wanes, making it hard for these ultra-high-tech firms to find funds needed for sustained growth.

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