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Fueled by the generative AI (GenAI) boom, global VC has emerged from the shadow of the 2021 bubble burst, with worldwide funding now overwhelmingly concentrated on AI startups. This concentration of capital has reached a fever pitch, driven by technological breakthroughs in multimodal AI, agentic AI...
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Per a report by The Information citing multiple sources, Chinese large language model (LLM) contender DeepSeek is initiating its first external equity financing since inception. The company aims to raise at least USD 300 million at a valuation of no less than USD 10 billion. As of press time, DeepSe...
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As AI-driven compute demand surges, supply tightness is no longer limited to GPUs or foundry capacity. According to Chinese media outlet Calian Press, token economics is emerging as a key industry theme, with sources noting that NVIDIA H100 rental prices have climbed roughly 20%–30% since October ...
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While Tesla is collaborating with Intel on its ambitious Terafab project, the company has also reached a key milestone in its next-generation AI chip program. According to Tesla CEO Elon Musk on X, the AI5 chip has officially completed tape-out. As previously reported by TechPowerUp, Tesla opts t...
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The U.S.’s lead in AI may be narrowing. According to the latest report from the Stanford Institute for Human-Centered Artificial Intelligence (Stanford HAI), China has reportedly closed the performance gap with the U.S. The report notes that U.S. and Chinese models have traded the lead multiple ti...