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On August 15, Canadian AI unicorn Cohere made two major official announcements in one breath: new financing and personnel changes. The company officially announced that it received $500 million (equivalent to about 3.6 billion yuan) in new financing, and its valuation grew from $5.5 billion (equivalent to about 35.9 billion yuan) to $6.8 billion (equivalent...

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...

“Lingguang”, completely on fire. Last week, Ant Group released the full-modal universal AI assistant Lingguang, perhaps one of the biggest surprises in the AI application track at the end of 2025. Lingguang's downloads showed accelerated growth, and on the first day of the launch, Lingguang's downloads exceeded 200,000, and on the fourth day exceeded 100...

Today, The Information has learned from investor filings and people familiar with the matter that AI data analytics platform Databricks is in talks for a new funding round worth up to $5 billion (approximately RMB 35.4 billion). In this round, Databricks' valuation...

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...

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...

Early this morning, US-based AI video startup Luma AI made an announcement that it has completed $900 million (roughly Rs. 6.397 billion) in Series C funding. According to sources, Luma AI's valuation has reached about $4 billion (about Rs 28.432 billion). This round of financing...

Just now, Google unveiled its latest model, Gemini 3 Flash. According to the introduction, it boasts cutting-edge intelligence and is built for speed, empowering everyone to learn, build, and plan anything faster. Even before the model's release, the Google AI Studio developer platform...

Developers of the top version of the “AI lobster” is coming? Early this morning, Cursor announced the launch of OpenClaw-like features - CCursor Automations, allowing AI to automatically help developers review, monitor and fix code 24/7, and also assist in the development of...

According to a Jan. 17 report by the Financial Times, AI voice startup ElevenLabs is in talks for a new round of financing, with its latest valuation expected to reach $11 billion (roughly Rs. 76.6 billion), nearly double the last valuation. If the deal is reached, ElevenLabs will...

Last night, U.S.-based AI music creation platform Suno announced the completion of a $250 million (roughly Rs. 1.777 billion) round of C financing, valuing the company at $2.45 billion (roughly Rs. 17.415 billion), up from a $500 million (roughly Rs. 3.554 billion) valuation in May last year,...

By 2025, the artificial intelligence industry accelerated its evolution amid a convergence of technological breakthroughs, practical applications, and capital investment. This year witnessed the emergence of groundbreaking applications like DeepSeek and the rise of humanoid robots to the forefront, as technology integrated into reality through diverse forms. The core logic of industrial competition underwent a fundamental shift...

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...

Early this morning, AlphaGenome, an AI genome model developed by a team led by Demis Hassabis, the 2024 Nobel Prize winner in Chemistry and CEO of Google DeepMind, was featured on the cover of the latest issue of the top journal Nature (Nature...

Recently, at the Wenxin Moment conference, the official version of Wenxin Big Model 5.0 was launched. It is said that the model parameter count reaches 2.4 trillion, adopts native full-modal unified modeling technology, has full-modal comprehension and generation capability, and supports input and output of text, image, audio, video and other kinds of information. ...

Early this morning, Google's strongest reasoning model, Gemini 3, was finally unveiled, a model that encompasses a wide range of native multimodal, reasoning, and Agent capabilities. The Google DeepMind research team says it is the world's most advanced multimodal understanding model, Google's most powerful Agent programming and atmosphere...

On November 3, Hippocratic AI, a U.S.-based generative AI medical unicorn, announced the completion of a $126 million (roughly Rs. 897 million) round of C financing, with participation from CapitalG, an independent growth fund under Google parent company Alphabet. This round of financing also makes...

Early this morning, OpenAI's video generation product, Sora, announced via its official account that it is shutting down its video generation app and Sora 2 model API service. Sora team released a statement: We are about to say goodbye to Sora. Thank you to everyone who used Sora to create and share work...

During early trading on June 30, Cambricon (688256.SH), the leading A-share company in computing power chips, surged by more than 8%, with its share price breaking through the 1,600 yuan mark in one fell swoop and reaching an intraday high of 1,620 yuan per share. its total market capitalization officially surpassed 10000亿元, making it the first individual stock in the history of the STAR Market to reach a market capitalization of over one trillion...

In the summer of 2026, the edge AI sector welcomed a unicorn company valued at over 20 billion yuan. On July 15, Beijing Mianbi Intelligence Technology Co., Ltd. completed a new Round C+ financing round, with investors ranging from national-level funds, state-owned enterprises, and automakers to other diverse industry players and financial investors. In just 20...