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3.5 billion raised in 3 months, valuation surpasses 10 billion, "China’s Answer" in the Global Modeling Sector Emerges On June 15, 2026, Jijia Vision secured an additional 1 billion yuan in Series B2 funding. Investors included Singapore’s Lion City Capital, the China-Belgium Fund, CDB Capital, Wanxiang Qianchao, and other top global state-backed funds...

On June 18, 2026, a bombshell hit China’s AI application layer. Evoken announced the completion of a Series B+ funding round of nearly $300 million, bringing its post-investment valuation to over $2 billion—one of the largest single funding rounds in China’s AI application layer to date. Granite A...

Swipe right, and Alipay has been transformed. Today, this nation-wide app launched its AI version, streamlining the interface to just two main sections: the “Abao” chat assistant and the “Assets” ledger. This marks its most radical self-reinvention in nearly 20 years. The AI version of Alipay is currently in closed beta testing. Users who have been granted access to the beta...

Recently, Codex has been receiving rave reviews on social media. Some users have discovered that inviting a friend to join Codex resets the rate limit. Even if the invited user isn’t a new user or subscriber, as long as they open Codex via the link and...

Introduction: Inside and Outside the Great Wall—A small building nestled among trees in Compound No. 10, Chedaogou, Haidian District, Beijing, is home to the China Ordnance Industry Computer Application Technology Research Institute. On September 14, 1987, an email was sent from here across the Pacific Ocean to Geneva, Switzerland. It contained just one sentence: "Acro...".

According to a report by Forbes today, Swedish AI programming startup Lovable is in talks for a new round of funding, targeting a valuation as high as $12 billion—nearly double its $6.6 billion valuation from last December. This means that the company, which was founded just three years ago, is growing at a pace that would leave even Silicon Valley breathless...

Last night, Israeli AI software monitoring unicorn Coralogix completed $200 million (about RMB 1.35 billion) in Series F financing, with a post-investment valuation of $1.6 billion (about RMB 10.8 billion). The round of financing amount will be mainly used for AI intelligent body capability research and development, telemetry data technology set...

Astribot, a rope-driven AI robot company known as "China's version of Figure", announced today that it has completed a series of Series B financing. Three rounds of financing were completed in three months, totaling more than 1 billion RMB, and the company's valuation exceeded the 10 billion RMB mark in one fell swoop, formally ranking among China's...

Last night, OpenAI live streamed the release of three updates to Codex, the AI programming smartbody, namely the smartbody plugin, fixed-point modification, and one-click generation of interactive sites for documents. OpenAI also revealed that Codex has reached 5 million weekly active users, an 8x increase from earlier this year. Its ...

Early this morning, Anthropic's strongest general-purpose model Claude Opus 4.8 was officially released, the new model benchmark test comprehensively surpasses Gemini 3.1 Pro, Opus 4.7, only one inferior to the GPT-5.5, but the price of its standard model remains the same...

While the entire AI industry is still fighting over "who can train the strongest model", a Chinese woman at the helm of the company has quietly shifted the battlefield to "who can make the model run faster and cheaper" - which, in turn, happens to be the most valuable business in 2026. According to a Bloomberg report today, people familiar with the matter...

On May 22, 2026, a paper acceptance announcement on the official website of the Shenzhen Stock Exchange officially pushed an arithmetic giant spun off from Huawei into the spotlight of the capital market. (hereinafter referred to as "Super Fusion") GEM IPO was officially accepted to raise 8 billion yuan, a...

Oura, a health tech company born in Oulu, Finland in 2013 and now headquartered in Finland and San Francisco, USA, is led by Petteri Lahtela, who has deep R&D experience at Nokia and Polar, Kari ...

On May 15, Cerebras Systems, an American AI chip company, officially went public on NASDAQ under the ticker symbol “CBRS”. Cerebras issue price of 185 U.S. dollars per share (about 1,255 yuan), opened up 89% to 350 per share....

May 13, 2011 - Isomorphic Labs, a UK-based R&D company for AI drugs spun out of Google DeepMind, yesterday announced the completion of a $2.1 billion (roughly Rs. 14.3 billion) Series B financing round. The round was funded by Thrive Capital for the first consecutive...

According to sources, Step Star will complete nearly 2.5 billion U.S. dollars (about 17 billion yuan) financing, and has dismantled the red chip structure, accelerated preparations for the IPO in Hong Kong, or will become the Chi Spectrum, MiniMax in addition to the other domestic large model companies listed in Hong Kong. To be completed, this round of financing will be over...

On May 6, Kimi's parent company Dark Side of the Moon is about to close a new $2 billion round of financing, with a post-investment valuation topping $20 billion, according to LatePost. The round was led by Meituan Dragon Pearl (which contributed over $200 million), with participation from China Mobile and CPE (CITIC Industrial Fund). ...

Today, OpenAI officially launched GPT-5.5 Instant version, which will be gradually rolled out to all ChatGPT users starting today, replacing GPT-5.3 Instant as the default model. This update mainly reflects the daily interaction, GPT-5.5...

When Opus 4.7 was first released, there were a lot of complaints on X. Some people said that one conversation used up her session quota. Some people said that one conversation maxed out her session quota, others said that the cost to run the same piece of code more than doubled from the previous week, and still others revealed that their $200 Max subscription touched down in less than two hours...

Over the past few weeks, the hottest company in Silicon Valley's private equity secondary market has turned out to be Anthropic. Anthropic has been valued at nearly $1 trillion on unlisted equity trading platforms such as Forge Global, with some sellers making even higher offers of ...