Startup news

First reported in Chinese

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Funding

Zhipu Raises 5 Billion USD to Enhance Computing Power and Model Research

Zhipu has completed a financing round totaling approximately 5 billion USD. The funding consists of roughly...

Sep 15, 2026
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Funding

Ant Lingbo CEO Clarifies Independent Funding Rationale

Ant Lingbo CEO Zhu Xing stated that the company's first independent funding round is not driven by a lack of...

Sep 13, 2026
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Funding

Mistral raises $3.5 billion led by Samsung

Mistral has secured a new funding round of $3,500,000,000 led by Samsung, which values the French artificial...

Sep 11, 2026
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Product

Codex fixes eight quota anomalies, freeing up to fifty percent more paid usage

Codex, the application programming interface unit of OpenAI, has resolved eight separate quota anomalies...

Sep 2, 2026
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Funding

DeepSeek raises $7.4 billion in latest funding round at $74 billion valuation

Chinese artificial-intelligence start-up DeepSeek is closing a new funding round that values the company at...

Aug 29, 2026
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Acquisition

Nvidia agrees to acquire Hugging Face for 12.9 billion dollars

Nvidia has reached an agreement to acquire Hugging Face, the leading open artificial‑intelligence model,...

Aug 29, 2026
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Acquisition

Nvidia says Groq 3 LPX accelerators are in mass production and will reach market this year

Nvidia announced that Groq 3 LPX accelerators, acquired through a $20 billion deal in December, have entered...

Aug 27, 2026
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Funding

Hugging Face explores sale at a reported $13 billion valuation

Hugging Face is reportedly exploring a sale that could value the company at $13 billion or more. According...

Aug 24, 2026
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Expansion

FirstCash reports strong growth amid expansion plans

FirstCash has seen a 61% rise in its stock value. The company attributes this to a favorable consumer...

Aug 23, 2026
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Expansion

Foxconn offers up to 8,800 yuan hiring bonus for iPhone 18 Pro assembly workers

Foxconn is recruiting workers to prepare for the launch of Apple’s upcoming iPhone 18 Pro series and the...

Aug 21, 2026
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Product

AI video co-creation platform Wapoo secures multi-million-dollar seed funding

Wapoo, a video co-creation social platform targeting Gen Alpha, has reportedly raised a multi-million-dollar...

Aug 21, 2026