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Tally Shuts Down, WeRide Files for IPO, and AI Providers Secure Major Funding

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Aug 15, 2024

Tally's recent shutdown serves as a significant warning for growth-focused venture capitalists. Meanwhile, there is a noticeable decrease in venture funds with DPI (Distributed Performance Indicator). In other news, WeRide, an autonomous driving company, has filed for an IPO. Additionally, providers of AI applications are securing large funding rounds, indicating continued interest and investment in the AI sector.

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