financing

The first wave of generative AI primarily took place in the fields of text, images, code, and video. While it has transformed knowledge production and digital content creation, it has not yet fully addressed the underlying constraints of physical industries such as semiconductors, energy, chemicals, and automotive. CuspAI aims to tackle precisely the most challenging aspects of these industries...

On August 3, 2026, QiuZhi Technology—which had been in operation for just over three years—once again found itself in the spotlight of the embodied intelligence industry. The robotics startup, which emerged from the Tsinghua University Institute of Intelligent Industry, announced the completion of a $100 million Angel+ round of financing. IDG Capital, StarLink Capital, Wuyuefeng Sci-Tech, and Dachen Capital...

In August 2026, OLIX, a British AI chip startup, completed a high-profile funding round. The company, which had been in operation for just two years, raised $312 million in Series B funding, bringing its post-investment valuation to $3.3 billion. This followed a $220 million funding round completed in February 2026, which valued the company at just over $1 billion...