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China’s AI Agent Unicorn Lovart Is Said to Explore Hong Kong IPO

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China’s AI Agent Unicorn Lovart Is Said to Explore Hong Kong IPO Evoken, the Chinese startup behind AI design agent Lovart, is considering an initial public offering in Hong Kong, people familiar with the matter said, the latest such firm seeking to tap booming investor demand for artificial intelligence tools after the breakout success of Manus. The company is in early discussions with advisers on a potential share sale, the people said, asking not to be identified because the deliberations...

China’s AI Agent Unicorn Lovart Is Said to Explore Hong Kong IPO Evoken, the Chinese startup behind AI design agent Lovart, is considering an initial public offering in Hong Kong, people familiar with the matter said, the latest such firm seeking to tap booming investor demand for artificial intelligence tools after the breakout success of Manus. The company is in early discussions with advisers on a potential share sale, the people said, asking not to be identified because the deliberations are private. Meanwhile, Evoken is close to raising funds in a deal that would value the startup at $3 billion, the people said.
China (LOCATION) AI (ORG) Unicorn Lovart (PERSON) Said (PERSON) Hong Kong (LOCATION) Chinese (ORG) Lovart (PERSON) Manus (PERSON) Evoken (PERSON)
Originally published by Bloomberg Markets Read original →