AI Capital

Moonshot AI reportedly files confidentially for Hong Kong IPO

Moonshot AI has confidentially filed an application for a Hong Kong initial public offering, according to a summary of reporting by The Information. The same report says the China-based company is in talks to raise a pre-IPO funding round at a $50 billion valuation. Moonshot's Kimi K3 open-source model is described in the report as having become a global hit.
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Robotics Capital
Robotics Capital

Sharpa secures $668 million for commercial robotics push

Robotics startup Sharpa has raised more than RMB 4.5 billion ($668 million) at a reported RMB 22 billion post-money valuation. The company said it will use the capital for research and development, talent, and moving its general-p...

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Capital Products

eComID acquires Nilum to enter recommerce

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Capital AI

Backbone raises €4 million for food-quality software

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EU-Startups
AI
AI

Tencent's Hy4 preview raises coding benchmark position

Tencent's Hy4 preview AI model ranked eighth on Code Arena's WebDev leaderboard on Tuesday, compared with 34th for the prior Hy3 generation. The 770-billion-parameter model has a one-million-token context window, up from 295 bill...

Silicon UK
Infrastructure
Infrastructure

Organized opposition halts $100 billion Virginia data-center project

Organized opposition halted a $100 billion data-center project in Prince William County, Virginia, according to a Bloomberg summary. The project's developers were backed by two of the world's biggest private-equity companies. The ...

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