DeepSeek Pursues AGI Ambitions with $10B Funding Round
DeepSeek, a Hangzhou-based AI company, is in discussions for a $10 billion funding round to develop AGI, marking a significant shift from typical monetization strategies.
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SMIC Secures Approval for Share Issuance to Strengthen Semiconductor Footprint
SMIC has received regulatory approval for a significant share issuance to bolster its position in the semiconductor industry.…
SMIC Shares Surge Following Regulatory Approval for New Issuance
SMIC's shares rose over 3% after receiving approval from the CSRC to issue millions of new shares to…
Cerebras Secures Spot in S&P 500 Amidst Market Shifts
Cerebras has been fast-tracked for inclusion in the S&P 500, reflecting significant market confidence in AI technologies and…
Anthropic Set for First Profitable Quarter Amid AI Surge
Anthropic anticipates its initial profitable quarter as its valuation skyrockets to $380B, highlighting significant institutional interest in AI-focused…
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AI Trade Revives as Asia Tech Stocks Surge
GPUBeat Desk · 1 min
xAI’s Financial Burn Rate Raises Questions Amid Rising Costs
GPUBeat Desk · 2 min
SB Energy Plans IPO Following $1 Billion Stargate Investment
GPUBeat Desk · 1 min
Nvidia Maintains Lead Over Chinese Rivals in AI Chip Performance
GPUBeat Desk · 1 min
SoftBank’s $60 Billion Investment in OpenAI Sparks Internal Debate
GPUBeat Desk · 2 min