Chinese technology billionaire Chen Tianqiao’s artificial intelligence start-up MiroMind is suspending its services in mainland China, Hong Kong and Macau, in the latest sign that some of the country’s most globally ambitious firms are increasingly retreating from the domestic market as geopolitical tensions reshape the industry following the Manus saga. In an email sent to select users on Wednesday, the company said that its MiroThinker services would stop operating in regions including mainland China, Hong Kong and Macau from May 12 because of “business adjustments”, with no timeline for resumption, according to a Beijing-based user who received the email. The company is offering refunds and data export options for affected users, it said in the email.

Full report : AI start-up MiroMind has relocated some staff to Singapore to divide operations for compliance amid heightened scrutiny.