Stepfun Raises $719 Million to Expand AI and Automotive Projects
Chinese AI startup Stepfun secured $719 million to accelerate foundational model development, AI agents, and AI-driven products in collaboration with Geely.
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Chinese AI startup Stepfun secured $719 million to accelerate foundational model development, AI agents, and AI-driven products in collaboration with Geely.
Nvidia unveils Earth-2, a fully open AI software stack for weather and climate forecasting, offering faster, more accessible predictions for scientists, energy firms, and financial institutions.
OpenAI’s spending on AI infrastructure could drive net losses to $14 billion this year, raising concerns about its financial runway and long-term profitability.
Japanese researchers created an AI model that simulates how humans form emotions, combining body signals, senses, and language to help machines better understand feelings.
Anthropic has appointed former Microsoft India chief Irina Ghose to lead its India business as it prepares to open a Bengaluru office and expand Claude’s reach.
OpenAI has introduced ChatGPT Translate, a standalone translation service supporting more than 50 languages and positioned as a rival to Google Translate.
Google has launched a beta feature that allows Gemini to connect directly with user apps like Gmail and Photos for more personalized responses. The update aims to make Gemini more proactive while keeping privacy controls in user hands.
Anthropic has expanded its Labs organization to incubate experimental products built on emerging Claude capabilities. The move formalizes a product development model that has already produced several fast-scaling AI tools.
AI-native biotech Proxima raised $80 million in an oversubscribed seed round to develop proximity-based therapeutics. The funding supports AI-driven discovery for previously “undruggable” targets across oncology and immunology.
Anthropic’s Claude now offers healthcare and life sciences AI tools, including HIPAA-compliant connectors and support for clinical trials, regulatory, and research tasks.
NVIDIA and Eli Lilly are creating a $1 billion AI co-innovation lab to accelerate drug discovery. The lab will integrate AI, biomedical data, and robotics to transform medicine development.
Alphabet reached a $4 trillion market valuation after a 65% stock gain in 2025, fueled by AI investments including Gemini 3 and custom AI chips for enterprise and consumer products.
Chinese AI startup DeepSeek is set to release its next-generation V4 model in mid-February, featuring enhanced coding capabilities and support for long-form programming tasks.
Elon Musk’s AI startup xAI posted a $1.46 billion net loss for Q3 2025, up from $1 billion in the prior quarter, while revenue nearly doubled to $107 million.
OpenAI has acqui-hired the team behind Convogo, a leadership assessment platform, to support its AI cloud efforts. The startup’s technology will not be acquired and will be shut down.