According to people familiar with the matter, Speech Technology, the Chinese startup behind Lovart, an artificial intelligence design agent, is considering an initial public offering in Hong Kong. Following Manus' breakthrough success, Speech Technology is the latest company to seek financing by leveraging investors' growing demand for AI tools. People familiar with the matter said that the company is in preliminary discussions with advisors on a potential stock sale. Since the discussion was private, these people familiar with the matter requested anonymity. Meanwhile, people familiar with the matter said that Speech Technology is close to financing through a deal, and this financing will bring the startup's valuation to 3 billion US dollars. They said the relevant discussions are still in the preliminary stages, and no final decision on the IPO has yet been made.

According to people familiar with the matter, Speech Technology, the Chinese startup behind Lovart, an artificial intelligence design agent, is considering an initial public offering in Hong Kong. Following Manus' breakthrough success, Speech Technology is the latest company to seek financing by leveraging investors' growing demand for AI tools. People familiar with the matter said that the company is in preliminary discussions with advisors on a potential stock sale. Since the discussion was private, these people familiar with the matter requested anonymity. Meanwhile, people familiar with the matter said that Speech Technology is close to financing through a deal, and this financing will bring the startup's valuation to 3 billion US dollars. They said the relevant discussions are still in the preliminary stages, and no final decision on the IPO has yet been made.