China’s AI Startups Rise to Challenge OpenAI’s Global Dominance
In the wake of OpenAI’s ChatGPT’s unavailability in China, a new era of opportunity has dawned for a cohort of Chinese AI startups. In the wake of OpenAI’s ChatGPT’s unavailability…
AI Startup Cohere Eyes $500 Million Funding Round at $5 Billion Valuation
Cohere, a Toronto-based artificial intelligence startup, is in the final stages of negotiations to secure a substantial $500 million funding round. In a dynamic move indicative of the burgeoning AI…
OpenAI Soars to New Heights With $1.6 B Revenue Amid Leadership Turmoil
OpenAI, the innovative technology startup behind the renowned ChatGPT, has demonstrated remarkable resilience in the face of recent turmoil. OpenAI, the innovative technology startup behind the renowned ChatGPT, has demonstrated…
Customs Directorate Revises Valuation of Cashew Nuts Imports
The Directorate General of Customs Valuation in Karachi has revised customs values about the import of Cashew Nuts, originating from Vietnam. The Directorate General of Customs Valuation in Karachi has…
Anthropic PBC Eyes $750 M Funding Round At $15 Billion Valuation
Anthropic PBC and Google LLC, is reportedly in discussions to secure $750 million in new funding with a proposed valuation of $15 billion. Anthropic PBC, an artificial intelligence startup supported…
Beijing-Based AI Startup, Seeks $200 M in Fresh Capital
Beijing-based startup 01.AI is obtaining up to $200 million in additional finance, a dynamic move that reflects the global spike in interest in open-source AI models. Beijing-based startup 01.AI is…
Shield AI Raises $200 Million In Series F, Valuation Reaches $2.7 Billion
Defense and aerospace startup, Shield AI, has successfully secured a $200 million Series F funding round, elevating its valuation to an impressive $2.7 billion. Defense and aerospace startup, Shield AI,…
Enfabrica Secures $125M To Accelerate AI Networking Chip Innovation
Enfabrica, a pioneering startup specializing in AI Infrastructure networking, has successfully raised an impressive $125 million in a Series B funding round. Enfabrica, a pioneering startup specializing in AI Infrastructure…
SoftBank’s Arm On Track for $54.5 Billion IPO
In light of the overwhelming demand, Arm is in discussions to potentially increase the price range, seeking a valuation exceeding $54.5 billion. Arm, the chip designer under the ownership of…
China Imposes $1B Fines on Ant Group & Tencent, Ending Tech Crackdown
The majority of the major issues with financial platform businesses like Ant Group and Tencent have been fixed, according to the central bank’s statement. A crackdown on the industry that…
6G Market Size Rising At 5% CAGR To Surpass US$ 300 Billion By 2033
The global 6G market is set to boom to a valuation of US$ 300 billion by 2033, expanding rapidly at 50% CAGR from 2023 to 2033. The global 6G market…
Chinese Robotaxi Operators WeRide Files For IPO In Secret
In order to go public in the United States, WeRide.ai, one of the most well-funded Chinese robotaxi operators, has filed in secret, according to a Monday Bloomberg report. In order…