China-based AI chatbot developer Xiaoice, which spun off from Microsoft last year, raises $77M Series A at a $1B valuation and says it has over 660M users (Selina Xu/Bloomberg)

Selina Xu / Bloomberg:
China-based AI chatbot developer Xiaoice, which spun off from Microsoft last year, raises $77M Series A at a $1B valuation and says it has over 660M users  —  - Chinese venture raises capital from Hillhouse, GGV, NetEase  — AI platform powers chatbots used in cars, digital assistants

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