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AI Startup K2Lab Completes Angel+ Round, Six Months of Continuous Funding

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Hangzhou-based K2Lab has closed a tens-of-millions-yuan Angel+ round led by Kaite Capital, its third financing in six months, as the company's commission-only AI agent...
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Utopai Studios: How an AI Film Company Became a Unicorn with $60 Million and 20+ Projects

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Mountain View-based Utopai Studios has closed a $60 million growth round at a $1 billion valuation, making it the latest and perhaps most unconventional...
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Former OpenAI Science Lead Founds Warp Sciences, Raises $215 Million to Use Robots and AI to Reshape U.S. Drug Discovery

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Kevin Weil, former Chief Product Officer and head of science initiatives at OpenAI, is stepping back into the spotlight this time not with a...
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DeepSeek Raises $15 Billion, Tencent and CATL Among Major Investors

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HANGZHOU, China — AI startup DeepSeek is finalizing a funding round of approximately 100 billion yuan (US$14.98 billion), with battery giant CATL and WeChat...
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Qualcomm to Showcase Korean Startup Technologies, Focusing on Edge AI and Robotics

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Six Korean startups take the stage at Industrial AI Expo 2026 as Qualcomm expands its push into on-device AI and industrial automation Key Takeaways Qualcomm...
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Anthropic Offers Double-Digit Yield to Blackstone in Landmark $9 Billion Chip Deal

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NEW YORK — Anthropic is paying well above market rates to secure computing power, offering Blackstone a yield exceeding 10% on a $9 billion...
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Anthropic’s Valuation Cut to $1.5 Trillion: A Reality Check for the AI Boom

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Key Takeaways Anthropic's IPO valuation dropped from $2 trillion to $1.5 trillion — a $500 billion cut. Revenue growth is slowing sharply. Q1 was...
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Google DeepMind Warns AI Hacks Are “Early Warning Shots”

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Key Takeaways Hassabis called recent AI hacks "early warning shots" and warned worse is coming. Brad Smith said 2026 is "a sobering year for...
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Clueso Raises $10 Million to Expand AI Video Creation for Businesses

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Clueso, an AI video creation startup, announced on October 13 that it has raised $10 million in Series A funding led by Dharana Capital....
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CoinSwitch Ventures Rebrands as BlackLane Capital, Plans Startup Investments Up to $5 Million

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Key Takeaways CoinSwitch Ventures has rebranded as BlackLane Capital, an independent global investment firm with a broader focus beyond Web3. The firm plans to...
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