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	Podcast:		TechCheck
	Episode:		VC Funding Slump Persists, Plus Alibaba Shares Soar After Ant Group Fine 7/7/23
	Category:		Technology
	Duration:		00:08:13
	Publish Date:		2023-07-07 20:55:33
	Description:		Despite the hype around generative AI, the funding environment for startups and VCs remains tight according to Pitchbook data. Softbank though is bucking that trend with a new investment in a Japanese robotics startup, just weeks after promising to go back on the offensive. Plus, shares of Alibaba soared today after China hit Ant Group with a nearly $1 billion fine, signaling an end to its era of tech crackdowns, allowing the company and private enterprises in the country more broadly to revive growth.
	Total Play:		0