Advanced Micro Devices has agreed to acquire World Labs, the artificial intelligence startup founded by Fei-Fei Li, in an all-stock transaction valued at approximately $8.2 billion. The deal will ...
In the space of two weeks this summer, Ant Group allowed several of its newer businesses to step into the open market. On July 21, Ant International, the unit res ...
Despite thin margins, Udeer deployed over 114,600 robots to more than 5,100 clients by late March 2026, expanding its active annual customer base to 3,358 in 2025. This shipment volume indicates ...
TMTPOST — ByteDance's cloud computing arm Volcano Engine introduced its updated Doubao video generation model, Seedance 2.5, at its enterprise conference on Tuesday, extending native video clips to a ...
TMTPOST — Foundational model innovator HiDream.ai completed a 1.5 billion yuan ($207 million) Series C financing round on Wednesday, securing substantial backing from state-backed guidance funds, ...
TMTPOST — Evoken, a Chinese Mainland AI content creation company, completed a B+ funding round raising nearly $300 million in the past six months, pushing its valuation above $2 billion. The round was ...
The funds raised will primarily be used to accelerate the research and development iterations of the company's core products, enhance the talent team, and drive mass production implementation. TMTPOST ...
Asianfin--LG Electronics plans to introduce the RNGD chips from South Korean startup Furiosa AI into its own data centers in an effort to reduce reliance on Nvidia. Furiosa AI has already delivered ...
TMTPOST — Kaiwang Data completed a strategic financing round exceeding RMB100 million ($14 million) on Tuesday, led jointly by the Beijing Yizhuang Industrial Upgrade Fund, Huafang Capital and Tianji ...
TMTPOST — Anew Labs, the AI drug discovery company spun out of ByteDance, has completed a $290 million fundraising round, its first independent financing, according to people familiar with the matter.
TMTPOST — Physical AI company DeepCtrls has completed a multi-hundred-million-yuan Series B+ financing round led by Contemporary Amperex Technology Co., Limited, or CATL. Participants include Fosun ...
TMTPOST — Next-generation inductive encoder maker Gongwang Sensing has completed a Series A financing of nearly RMB 100 million, according to an announcement relayed by Wanchuang Investment Bank on ...