General News
161 articles
General news and updates from the AI startup ecosystem. Coverage of artificial intelligence industry developments.
Z.ai and Moonshot AI founders' Tsinghua ties now define a Chinese LLM rivalry
The Wall Street Journal profiled Tang Jie, founder of Z.ai, and Yang Zhilin, founder of Moonshot AI, tracing how the two were once teacher and student at Tsinghua University and now lead two of China'...
Nvidia Tells Major Customers AI Chip Server Prices Are Rising Over 15%
Nvidia has told some of its biggest customers — the companies that build AI data centers for hyperscalers including Oracle and Microsoft — that server prices tied to its AI chips will rise more than 1...
PandaAI closes seed-to-angel-plus rounds worth tens of millions of RMB to build an AI-native quant trading platform.
Li Yuqi, 26, left a partner role at a Chinese quant private fund managing over RMB 1 billion (~$140 million) to found PandaAI in 2024, betting that large language models would erode the traditional qu...
OpenAI Reverses Course, Backs Stronger California AI Safety Bill SB 53
OpenAI's global affairs team posted on LinkedIn calling for California to expand SB 53's safeguards, specifically urging monitoring of frontier models during training and evaluation for potential seri...
Kakao Splits Into Kakao AI and Kakao X to Sharpen Its AI Focus
Kakao's board approved a corporate spin-off on August 21 that divides the company into two entities: Kakao AI and Kakao X. The split ratio is set at 0.36 (Kakao AI) to 0.64 (Kakao X) based on net asse...
OpenAI narrows Anthropic's enterprise lead as business AI spending proves volatile
New data from corporate card and expense platform Ramp shows OpenAI clawing back share of U.S. business AI spending after losing the lead to Anthropic in May. Tracking more than 70,000 American busine...
Micro1 Reaches $500M Gross Run Rate as AI Training Data Demand Surges
AI training-data startup Micro1 has expanded its gross annual run rate from $100 million to $500 million in eight months, according to a person familiar with the company. TechCrunch reports that Micro...
Unitree Robotics began trading on Shanghai’s STAR Market on August 19, with shares opening at RMB 1,...
Unitree Robotics began trading on Shanghai’s STAR Market on August 19, with shares opening at RMB 1,100, up 629% from the IPO price of RMB 150.80, giving the company a market value of approximately RM...
VeriSilicon reports 91% first-half revenue growth as AI orders reach 90% of backlog
Chinese semiconductor design company VeriSilicon posted first-half revenue of RMB 1.864 billion (~$261 million), up 91.37% year on year. As of June 30, the company's orders on hand stood at RMB 12.449...
Manus, the AI agent startup that was briefly acquired by Meta before Beijing forced a reversal, is n...
Manus, the AI agent startup that was briefly acquired by Meta before Beijing forced a reversal, is now returning to independent operations seven months after the deal was unwound. The company has anno...
Anthropic projects revenue between $190-200 billion by 2028, according to the company's latest inter...
Anthropic projects revenue between $190-200 billion by 2028, according to the company's latest internal forecasts. The figure, driven by strong enterprise adoption and strategic partnerships, aligns w...
Anthropic's second-quarter revenue surged past $11.5 billion, up more than 14-fold from $787 million...
Anthropic's second-quarter revenue surged past $11.5 billion, up more than 14-fold from $787 million in the same period last year and 143% quarter-over-quarter from $4.73 billion in Q1, according to B...
An AWS-certified partner has posted a job listing seeking an engineer to develop business support sy...
An AWS-certified partner has posted a job listing seeking an engineer to develop business support systems that integrate artificial intelligence. The role, advertised on a Nikkei career platform, focu...
Four leading Google DeepMind researchers — Jeff Dean, Sanjay Ghemawat, Oriol Vinyals, and Quoc Le —...
Four leading Google DeepMind researchers — Jeff Dean, Sanjay Ghemawat, Oriol Vinyals, and Quoc Le — have left the company to co-found Discovery Loop, a new AI startup focused on automating scientific...
Hugging Face hack marks start of agentic AI cyber era, execs warn firms 'don't even know it'
Cybersecurity executives at Black Hat 2026 are reframing last month's Hugging Face breach as a watershed moment for AI safety, with OpenAI, Anthropic, and Meta all disclosing additional agent-driven i...
Anthropic has officially filed for a confidential IPO with the U.S. Securities and Exchange Commissi...
Anthropic has officially filed for a confidential IPO with the U.S. Securities and Exchange Commission (SEC) on June 1, 2026, according to TradingKey. The filing marks a significant milestone for the...
StepFun separates its foundation model and agent-device businesses, moving its phone business into a...
StepFun separates its foundation model and agent-device businesses, moving its phone business into a separate company while the original entity continues operating the model business. The company is a...
Google DeepMind CEO Demis Hassabis steps down as Alphabet reshuffles its AI leadership
Demis Hassabis is stepping down as CEO of Google DeepMind, though he remains chair of the unit and takes on the role of chief scientist for Alphabet, while continuing to lead Isomorphic Labs. Koray Ka...
Anthropic Surpasses OpenAI in Revenue Growth and Valuation
According to sources, OpenAI lost ground to Anthropic in revenue growth and valuation after a period of focusing on consumer chatbots, highlighting a competitive shift in the AI model landscape. The r...
Cursor faces customer pushback on price hikes amid rapid growth
Cursor, the AI coding app, is encountering resistance from customers as it attempts to raise prices during contract negotiations. The company is reportedly growing rapidly ahead of a planned $60 billi...