DeepSeek targets $71B valuation with IPO, eyes agentic AI and custom chips
DeepSeek prepares for a $71B IPO and expands into agentic AI and in-house chips to rival OpenAI.
AI Funding
Latest AI Funding coverage.
EU's €1.2B AI push aims to close tech gap with US, China
The EU plans to invest €1.2 billion to boost AI and chip tech, aiming to regain technological sovereignty from the US and China.
OpenAI's 5% government stake: a strategic move to align with regulators
OpenAI's proposal to give the U.S. government a 5% stake could align the company with regulators and shape AI's future.
Mercor's $2B revenue leap in 4 months exposes AI's unprecedented growth
Mercor and Anthropic report record revenue growth, with Mercor hitting $2B in 4 months and Anthropic reaching $47B in run-rate revenue.
MiniMax AI targets $2.05B funding round to fuel global AI expansion
MiniMax AI seeks $2.05B in funding to accelerate AI development and global expansion, despite investor concerns over dilution.