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The highest valuation of an AI programming company in the world has just been set again. Cursor (the company behind it is Anysphere), a popular frying pan of the AI programming world, has once again stretched the industry's imagination to its fullest - with its latest valuation soaring to $29.3 billion, or roughly 207.9 billion...

Image Credit: Granola AI-powered note-taking tool Granola is gaining momentum. The startup has seen a surge in users since launching a year ago, largely thanks to VCs and word-of-mouth among its founders, but a major driving factor seems to be people expanding its use to...

In a sense, 2024 is not only a year of technological breakthroughs, but also an important turning point for the industry to mature. This is the year when GPT-4 level models are no longer rare, and many organizations have developed models with performance that exceeds GPT-4; this is the year when operational efficiency improves significantly and costs drop dramatically...

Last Thursday, AI video generation platform Pollo AI announced the completion of a $14 million (approximately RMB 98.97 million) seed round of financing. This round was led by GaoCheng Capital with participation from ZhenFund, marking Pollo AI's first institutional funding since its launch in September 2024. ...

On June 20, Shanghai-based medical AI startup Lianzhi Intelligence announced the completion of its Series A financing with a total scale of RMB 1 billion. The financing was co-led by Efonda Private Equity Fund Management Co. and Shangguo Investment Management, and co-funded by Shanghai Lianhe, Shengshi Capital, Baofeng Investment, Su Venture Capital, Junwei Venture Capital, Qingsong Capital, Zhangjiagang...

Recent data from Crunchbase shows that more than $35.5 billion will flow into AI startups globally in the first half of 2024 alone. Of the six venture capital rounds of over $1 billion raised in the first half of 2024, five of them were raised by AI companies, with other AI startups...

In the first half of this year, the "big model six tigers" in the wisdom spectrum, MiniMax, zero one million things, Baichuan Intelligence, step leap star five companies, a total of 13 AI executive changes were exposed, of which 12 out, 1 new entry, and the first half of the domestic large manufacturers of AI talent changes in the number is not comparable to the number of large domestic manufacturers (domestic...

In the 21st century, Artificial Intelligence (AI) is no longer a concept in science fiction, but an evolving technological revolution in real life. With the continuous breakthroughs in AI core technologies such as deep learning, natural language processing, computer vision, etc., the application of AI technology in various industries has achieved remarkable results...

The development of generative AI in 2024 is described as crazy, with the big model war spreading to various tracks and the vertical application boom. Especially in the field of AI programming, algorithmic progress soared, multiple up-and-coming unicorns were born, investors poured in intensively, and billion-dollar financing was announced from the beginning of the year to the end of the year. But if the nomination of the annual...

Meta is in talks with Scale AI for a more than $10 billion investment. This would be the largest outside AI investment ever made by Meta, the parent company of Facebook, and one of the largest funding events ever for a private company. Publicly available information shows that Scal...

As the year 2024 draws to a close, the business world is still buzzing with activity. This year, belonging to the year of change and remodeling, countless stories emerged in the business field, of which the top ten events are particularly noteworthy. Domestic AI intelligent assistants showed "two super and many strong", with Kimi and Doubao leading the way; Xiaomi's car went from zero to a...

On September 10, AI video generation enterprise Aishi Technology announced the completion of more than 60 million U.S. dollars in Series B financing, led by Alibaba and followed by investors such as Dachen Caixin, Shenzhen Venture Capital, Beijing Artificial Intelligence Industry Investment Fund, Hunan Dianguang, Giant Network and Antler. It is reported that this is the domestic video birth...

May 25 Jingdong Completes Issue of US$2 Billion Convertible Senior Notes Jingdong Group announced on the Hong Kong Stock Exchange in the morning that it completed the issue of US$2 billion in aggregate principal amount of convertible senior notes due 2029 on May 23rd. This included the full exercise of the initial purchaser's option to purchase an additional 2.5 percent in aggregate principal amount of...

OpenAI's 12 days of Devday updates at the end of the year have finally come to an end, and watching the launch events every day was like opening a blind box of chocolates, not knowing what flavor would be next. In the first 11 days, most of the launches were really quite bland, and only three products had some good "flavor" to them. To summarize...

Intel, the undisputed giant of the global semiconductor industry, is in trouble. Over the past year, Intel's stock price has slumped, making it one of the worst-performing tech stocks in the S&P 500. The company's latest quarterly earnings release also disappointed investors, and expectations are lukewarm...

On September 22, local time, NVIDIA announced that it will gradually invest up to $100 billion in OpenAI to build AI data centers with a power capacity of 10 gigawatts (gigawatts) to train and run next-generation models. Jen-Hsun Huang, NVIDIA's founder and CEO, introduced the build...

OpenAI's Japanese bidder Sakana AI has been revealed to be raising $100 million (Rs. 700 million) at a valuation of $2.5 billion (Rs. 17.8 billion), compared to $1.5 billion in September last year, The Information reported, citing people with knowledge of the...

On November 17, Japanese AI unicorn Sakana AI announced the completion of $135 million (about RMB 960 million) in Series B financing, valued at $2.635 billion (about RMB 18.73 billion), bringing the total financing to about $347 million (about RMB 24...

Arithmetic power has become the core engine that drives the continuous evolution of the AI industry. With the rapid rise of the domestic large model system, the construction of an autonomous, controllable and sustainable domestic arithmetic ecological closed loop, so that the domestic arithmetic platform is deeply adapted to the domestic AI ecosystem, has become the consensus of the industry and the key direction. It is gratifying that...

Just now, Shanghai-based GPU leader Beren Technology listed on the Hong Kong Stock Exchange, becoming the “first domestic GPU stock” on the Hong Kong market and also the first new listing in 2026. Its issue price was HK$19.60 per share (approximately RMB 17.60), with the opening price surging 82.141% to HK$35.50 per share.