Why Japanese Companies Are Walking Out of China
A major change is taking place in the way Japanese companies do business in China. A record number of Japanese firms have closed their China operations, according to new data…
Tencent Signs $7 Billion Oracle AI Chip Deal: What It Means!
Tencent has reportedly agreed to a major deal with Oracle that could give the Chinese technology company access to about 100,000 advanced artificial intelligence chips. The deal is worth an…
Unveilr AI Raises ₹16.7 Crore to Expand AI Search
Unveilr AI, a Mumbai-based AI search startup, has raised ₹16.7 crore in pre-seed funding from AJVC, the early-stage venture fund led by Aviral Bhatnagar. The company plans to use the…
BAG Ventures Raises $11.3M for Enterprise AI Startups
BAG Ventures has closed its first venture fund at $11.3 million. The firm was founded by two former Google executives, Bonita Stewart and Jackson Georges Jr. The new fund will…
Funding News – CScale Raises $145M to Build AI Chip Networks
CScale, a Silicon Valley startup, has raised $145 million in Series C funding as it comes out of stealth mode. The company is building optical interconnect technology for large AI…
Startup News – ElevenLabs Doubles Valuation to $22 Billion
ElevenLabs, the London-based AI voice startup, has reached a $22 billion valuation after it closed a $300 million employee tender offer. The new value is twice the $11 billion valuation…
Startup News – Flow Engineering Raises $50M at $750M Valuation
Flow Engineering, a San Francisco-based startup, has raised $50 million in Series B funding at a $750 million valuation. The company builds AI tools for hardware design and systems engineering.…