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.
Climate tech startup Rainbow Weather has raised $5.5 million in seed funding to scale its AI-driven platform for hyper-local, real-time weather forecasting and environmental intelligence.
Samsung plans HBM4 memory chip production for Nvidia next month, targeting AI accelerator demand while competing with SK Hynix in advanced memory supply.
Microsoft has introduced Maia 200, a new AI chip built with TSMC and designed to power GPT-5.2 and Microsoft 365 Copilot, promising faster, more efficient AI performance.
Elon Musk-backed xAI’s Grok 4 leads a live AI stock trading test, generating a 7 percent return on a $100,000 allocation.
The British Overseas Territory of Anguilla is making millions as the demand for “.ai” domains soars, with annual revenue from domain sales set to nearly triple in three years.
Apple plans to debut a Gemini-based Siri in February, offering more natural conversations, complex tasks, and integration across iOS, iPadOS, and macOS.
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.
Mews secures $300M Series D at a $2.5B valuation to expand its AI-driven hotel platform, automating operations, enhancing guest experiences, and integrating fintech capabilities.
Utah launches an AI pilot for prescription renewals, letting algorithms handle routine medication management without physicians, highlighting regulatory and safety challenges.
OpenAI’s latest ChatGPT model has cited Elon Musk-backed Grokipedia across multiple topics, prompting concerns among researchers about how low-credibility sources can influence AI-generated answers.
Malaysia has lifted its temporary ban on Elon Musk’s Grok chatbot after authorities confirmed that xAI implemented safeguards against misuse, including sexualised deepfake content.
China is investigating Meta’s $2 billion purchase of AI startup Manus, reviewing the deal’s money transfers, tax compliance, and overseas operations amid national security concerns.
Blockit, a new AI scheduling platform, uses autonomous agents to handle meetings, aiming to replace manual back-and-forth emails and traditional calendar tools.
Intel shares fell 14% after the chipmaker issued soft guidance and warned of a supply shortage, raising concerns over its foundry business and AI competitiveness.