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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...

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 ...

On November 3, OpenAI announced its acquisition of Neptune, a Polish startup specializing in AI model training tools. The two companies have reached a definitive agreement for the acquisition through a stock swap, with some Neptune employees joining OpenAI. Although OpenAI did not disclose the financial terms of the transaction...

Yesterday night, Anthropic released the next generation of its flagship large model, Claude Opus 4.7. ▲Anthropic Releases New Model Claude Opus 4.7 (Image Source: X) The model is more advanced in terms of software engineering compared to Opus 4.6...

“Musk's version of WeChat” XChat will be launched soon. On April 13, XChat, the communication app of Elon Musk's social platform X, has officially confirmed that it will land on the Apple App Store App Store on April 17, and the app is now open for reservation and download. XChat has been on the shelves...

The livestream started on time at 3:00 am Beijing time, and OpenAI released ChatGPT Images 2.0. According to the introduction, "ChatGPT Images 2.0 is the next step in the evolution: a state-of-the-art model capable of handling complex visual tasks...

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...

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...

On February 24, Intel announced an undisclosed injection of more than $350 million (roughly RMB 2.4 billion) into U.S.-based AI chip unicorn SambaNova's Series E strategic financing. At the same time, SambaNova launched its fifth-generation AI chip SN50, claiming that it is...

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 ...

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 ...

According to Bloomberg, The New York Times, The Wall Street Journal and many other foreign media reported on April 2, Elon Musk's SpaceX has secretly filed an initial public offering (IPO) application with the U.S. Securities and Exchange Commission (SEC). Spa...

WeChat lobster plug-in “ClawBot” online yesterday, this action quickly triggered a chain reaction, only one day, a number of “lobster” manufacturers to complete the adaptation. WeChat has become the entrance to the “lobster”, users only need to send instructions in WeChat, you can remotely call their “lobster” to perform tasks. The first time I saw the...

April 21, 2011 - Global tech giant Apple dropped a bombshell today: the company announced a historic succession plan for top management. Current CEO Tim Cook will become Executive Chairman of the Board of Directors, while current Senior Vice President of Hardware Engineering John T...

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). ...

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...

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...

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...".

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...

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...