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AI Policy

China establishes centrally administered state-owned data group

China has established a state-owned data group directly administered by the central government, Bloomberg reported. Beijing aims to use the new group to strengthen the country's data infrastructure and support technological development tied to its artificial intelligence ambitions.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Infrastructure Products
Infrastructure Products

Amazon commits more than €16 billion to German operations in 2027

Amazon announced plans to invest more than €16 billion ($18 billion) in Germany in 2027, including €4.8 billion to expand its AWS data centre region around Frankfurt. The company also plans a second robotics and AI research lab in...

The Next Web
Robotics Capital
Robotics Capital

Neolix raises $400 million for global delivery vehicle expansion

Chinese driverless delivery vehicle maker Neolix raised a $400 million Series E led by Boyu to fund global expansion, Bloomberg reported. The round takes total funding to $1.4B+. Neolix operates 30K+ vehicles in 300+ cities across...

Techmeme
Capital
Capital

Inspired Capital closes $450 million fourth fund

Inspired Capital closed its fourth fund with $450 million in commitments, co-founder Alexa von Tobel told TechCrunch. The raise brings the New York-based early-stage firm's assets under management to nearly $1.4 billion, following...

Venture Capital News | TechCrunch
Robotics Capital
Robotics Capital

Eka Robotics raises $150 million at $1.45 billion valuation

Eka Robotics closed a $150 million Series A led by a16z and F-Prime, valuing the startup at $1.45 billion post-money, TechCrunch reported. Founded by Pulkit Agrawal and Tuomas Haarnoja, Eka combines a force-sensitive gripper with ...

TechCrunch