29 articles
Together AI closed an $800 million Series C led by Aramco Ventures, more than doubling its valuation to $8.3 billion as industry-wide use of open AI models has tripled over the past year.
Read more →China's top humanoid robot maker received China Securities Regulatory Commission clearance on July 2 to list on Shanghai's STAR Market, aiming to raise 4.2 billion yuan to fund AI model development and new products.
Read more →OpenAI has proposed granting the U.S. government a 5% equity stake — worth roughly $42.6 billion at its current valuation — to ease regulatory pressure and share AI's economic gains with the public.
Read more →Enterprise AI coding startup 8090 Labs closed a $135M Series A led by Salesforce Ventures, with founder Chamath Palihapitiya stepping in as full-time CEO — his first operating role since leaving Facebook.
Read more →OpenAI is leaning toward pushing its stock market debut to 2027, with CEO Sam Altman rejecting any listing price below $1 trillion even as advisers flag tech market volatility.
Read more →South Korea's leading chipmaker SK Hynix plans to raise $29.4 billion via a Nasdaq ADR offering — which would be the largest in history — to fund new AI memory production capacity.
Read more →Agility Robotics, maker of the Digit humanoid robot, has entered a SPAC merger valuing the company at $2.5 billion — one of the first major public listings for a commercial humanoid robotics firm.
Read more →The South Korean chipmaker behind more than half the world's HBM memory—the critical component inside AI accelerators—is seeking $29.4 billion on Nasdaq to fund four new semiconductor plants.
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