Chinese AI Startup Manycore Makes Global Push Amid US Tensions

  • The Autodesk challenger wants to make its AI software cheaper
  • Manycore has filed for IPO in Hong Kong after ditching US plan
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China’s AI startup Manycore Tech Inc. 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.

The Hangzhou-based spatial design software supplier, a potential challenger to US-based Autodesk Inc., now has local teams in more than 10 countries including the US, South Korea, Thailand, Indonesia and Malaysia to serve enterprise customers.