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19 articles
Chinese AI startup MiniMax is exploring a second public offering on Shanghai's STAR Market after a 400% stock surge in Hong Kong. The move highlights the growing demand for AI technologies in China.
AI startup Recursive has emerged from stealth with $650 million in funding, aiming to build self-improving AI systems that could accelerate progress toward artificial superintelligence.
AI startup Pit, founded by Voi co-founders and backed by a16z, has raised $16 million in seed funding, marking another significant move by European tech entrepreneurs into the AI space.
Chinese AI startup Deepseek plans a record $7.35 billion funding round ahead of its V4.1 launch, while Core Automation, founded by ex-OpenAI researcher Jerry Tworek, has quadrupled its valuation in weeks.
Anthropic is reviewing investor offers that could value the company at over $900 billion, signaling strong market confidence in its AI capabilities.
Sam Altman's AI startup Orb promoted a false partnership with Bruno Mars, sparking backlash after the singer's team denied any collaboration. The incident raises concerns about misinformation in the AI industry and the ethical standards of AI marketing.
SpaceX's $60 billion acquisition offer to Cursor preempted a $2 billion funding round, showcasing the growing influence of space technology companies in the AI sector.
A four-month-old AI startup, Recursive Superintelligence, has raised $500 million at a $4 billion valuation, aiming to build a self-improving AI system.
This article explains the concept of company valuation in the AI sector and how Deepseek's decision to seek outside funding reflects the competitive pressures and capital demands of the AI industry.
This article explains how company valuation works in the AI sector, focusing on how rapid revenue growth can lead to massive valuations like Anthropic's recent $800 billion offer.
Jeff Bezos' Project Prometheus has hired Kyle Kosic, a co-founder of Elon Musk's xAI and former OpenAI employee, marking a strategic move to strengthen its AI team.
Argentine startup Satellites on Fire has raised $2.7 million to scale its wildfire detection platform, which outperforms NASA's FIRMS system by 35 minutes.
