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Zhipu AI Debuts in Hong Kong After $558 Million IPO
Zhipu AI Debuts in Hong Kong After $558 Million IPO

Its trading debut on the Hong Kong Stock Exchange following a successful $558 million IPO for Zhipu AI under the name Knowledge Atlas Technology JSC...

Elon Musk’s xAI Raises $20 Billion in Funding From Nvidia, Cisco, Fidelity and More
Elon Musk’s xAI Raises $20 Billion in Funding From Nvidia, Cisco, Fidelity and More

xAI over-raised its upsized Series E base, surpassing the target round size of $15 billion, and raised $20 billion. Some of the investors who are...

Nvidia Launches Vera Rubin AI Platform at CES 2026
Nvidia Launches Vera Rubin AI Platform at CES 2026

Nvidia, an AI giant, revealed its next-generation Vera Rubin superchip on Monday at CES 2026 in Las Vegas. Vera Rubin, one of the six chips...

Moonshot AI Raises $500M in New Funding, Strengthening China’s AI Startup
Moonshot AI Raises $500M in New Funding, Strengthening China’s AI Startup

In a report, Chinese artificial intelligence unicorn Moonshot AI has raised US$500 million in a recent round of Series C funding as start-up competitors MiniMax...

Meta Acquires AI Startup Manus in Deal Valued at Over $2 Billion
Meta Acquires AI Startup Manus in Deal Valued at Over $2 Billion

Mark Zuckerberg has made another blow. Meta Platforms is also acquiring a Singapore-based AI startup, Manus, which has been the buzz of Silicon Valley ever...

‘Godfather of AI’ Warns AI Could Trigger a New Wave of Job Losses in 2026
‘Godfather of AI’ Warns AI Could Trigger a New Wave of Job Losses in 2026

We will witness further improvements in AI. It is superb already, I tell you,' Geoffrey Hinton replied. These remarks by Hinton are made as the...

Nvidia to Acquire AI Chip Startup Groq’s Assets in Record $20 Billion Deal
Nvidia to Acquire AI Chip Startup Groq’s Assets in Record $20 Billion Deal

Nvidia is acquiring the assets of Groq, a designer of high-performance AI Chip Startup, for $20 billion in cash, as reported by Alex Davis, CEO...

Ex-Doctor Quit Medicine, Built an AI Startup Now Valued at Over $460 Million
Ex-Doctor Quit Medicine, Built an AI Startup Now Valued at Over $460 Million

In 2017, Thomas Kelly graduated from medical school and became a doctor at last—the occupation he had envisioned as a child and worked towards throughout...

New York Passes AI Safety Bill Into Law Despite Trump Executive Order
New York Passes AI Safety Bill Into Law Despite Trump Executive Order

On Friday, Gov. Kathy Hochul of New York passed into law a new AI Safety bill that seeks to regulate artificial intelligence companies and ensure...