Manycore Tech completes $130 million Hong Kong IPO, positioning itself as a leader in 'spatial intelligence' amid Hangzhou's AI company listing surge.

Manycore Tech became the first of Hangzhou's 'Little Dragons' AI startups to go public on Hong Kong's stock exchange

The company raised $130 million through its IPO, marking a significant milestone for the city's AI sector

Manycore is promoting 'spatial intelligence' as the next major wave in AI development, differentiating itself from current generative AI trends

The IPO reflects Hangzhou's emergence as a major hub for AI company listings and venture success