Chinese AI startup Manus is raising $500 million at a $4 billion valuation to regain independence after its proposed merger…
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Z.ai secured approximately $5 billion through a hybrid financing strategy combining a $2 billion equity placement and $3 billion in…
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Chinese corporate earnings surged 25.7% in the second quarter, driven almost exclusively by AI-linked firms, yet major market indices like…
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Clipto secured $15 million in equity funding, achieving a post-money valuation of $250 million to support its mission of indexing…
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SoftBank is issuing a historic ¥1 trillion retail bond to fund its $60 billion commitment to OpenAI, marking Japan’s largest…
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Alibaba has launched its new video generation model, Wan3.0, following a $10.2 billion capital raise dedicated to AI development, marking…
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Alibaba is raising HK$80bn ($10.2bn) through new shares on the Hong Kong exchange, with 100% of proceeds earmarked for AI…
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A journalist visits Rolex's London flagship store with a counterfeit Oyster Perpetual watch, requesting a routine bracelet adjustment, and the…
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Nvidia's H200 chips have begun shipping to Chinese firms like ByteDance and Tencent (~10,000 units each), but this is far…
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A Trump-linked crypto venture, World Liberty Financial, backs Hong Kong-based WorldClaw, which resells AI models from Chinese companies blacklisted by…
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Robinhood is launching Robinhood Ventures Fund II (ticker RVII), offering 7.6 million shares at $25 each on the NYSE, with…
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Shift Up faces backlash for releasing an AI-generated music video for its "Blood Rain" sequel, with fans criticizing the studio's…
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A threat actor used the open-source Hermes AI agent in unattended "YOLO" mode to automate post-exploitation activities during an apparent…
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Psibot, a Chinese startup founded last year, is raising nearly $100 million at a $1.48 billion valuation led by automaker…
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Kai-Fu Lee's 01.ai is raising a pre-IPO round and planning a Hong Kong listing in 2027, having pivoted from building…
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Zhongji Innolight, a Chinese manufacturer of high-speed optical transceivers essential for AI data centers, is preparing a Hong Kong IPO…
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Moonshot AI plans to pursue a Hong Kong IPO within six months, targeting a valuation over $30 billion after reaching…
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Chinese optical transceiver manufacturer Eoptolink has applied for a secondary Hong Kong listing, aiming to raise up to $5 billion,exceeding…
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LimX Dynamics, a Chinese humanoid robotics startup, raised $200 million at a $2.21 billion valuation in a pre-IPO round led…
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MiniMax’s founder Yan Junjie announced he will forgo his salary until AGI is achieved and will donate 5% of his…
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