OpenAI Prepares for Share Sale, Valuation Reaches $90 Billion

Anthropic Valuation Doubles Beyond Trillion, AI Revenue Surges Fourfold

Anthropic's valuation surges to $100B, doubling in 4 months with $4B annual revenue. Raised $3.5B, plans $5.5B more. 60% revenue from AI models & Claude chatbot, 50-55% gross margin. Claude Code has 3M downloads. Despite cloud losses, strong commercialization with $3B cash burn expected.....

AI Unicorn MiniMax Secretly Submitted IPO Application for Hong Kong Stock Market, Targeting Valuation Over 4 Billion USD

Chinese AI unicorn MiniMax accelerates IPO plans, secretly files for Hong Kong listing targeting $4B valuation, eyes A-share market. Raised $300M led by Shanghai state fund, backed by Alibaba, Tencent. Founded by ex-SenseTime execs, focuses on general AI platforms, recently launched new inference and video models.....

Anthropic Valuation Surges to $100 Billion, Revenue Quadruples

AI startup Anthropic's valuation surpassed $100B, doubling in 4 months. $4B annual revenue comes from AI models & Claude chatbot (60% margin). Claude Code generated $200M with 3M downloads. Cloud sales remain unprofitable (-30% margin). Plans include $5.5B funding and $3B cash burn in 2024, showcasing investor confidence despite high costs.....

Kimi K2 Sweeps Globally! Open Source AI Tops OpenRouter, Surpassing XAI in Market Share

Moonshot AI's Kimi K2, a 1 trillion-parameter open-source model, surpasses Grok in market share. It excels in 128K context reasoning, outperforms Claude/GPT-4 in benchmarks, and offers free API. Now open on Hugging Face.....

Kimi K2's market share on OpenRouter has exceeded XAI

Moonshot AI's open-source model Kimi K2, with 1 trillion parameters, excels in coding and reasoning. Its low cost and open strategy quickly gained 1.5% market share, surpassing Grok4 and GPT-4.1.....

The Ministry of Industry and Information Technology will release the 'International Artificial Intelligence Open Source Cooperation Initiative' at the 2025 World Artificial Intelligence Conference

The 2025 World AI Conference, themed 'Intelligent Era, Global Collaboration', will be held in Shanghai from July 26-28. It will launch an international AI open-source initiative and showcase latest AI technologies, building on its success since 2018 (300k+ visitors in 2024). China also plans a BRICS AI cooperation center.....

Study Warns of Major Risks in Using Artificial Intelligence to Treat Chatbots

Stanford study warns of risks in AI therapy chatbots, showing stigmatization of mental conditions and inadequate crisis responses. Some AIs failed to detect dangers, giving mechanical replies. Researchers recommend auxiliary roles over replacing therapists.....

Google Announces the Latest Class of Students at the American Artificial Intelligence Infrastructure Institute

Meituan Invests Again in the Field of Embodied Intelligence, Xinghai Tu Completes Over $100 Million Financing

Yushu Technology Advances to the Sci-Tech Innovation Board IPO with a Billion-Dollar Valuation Supported by Alibaba and Tencent

Unitree Tech accelerates its IPO on the STAR Market, raising 700 million yuan in Series C funding at a 12 billion yuan valuation. Led by China Mobile, Tencent, and Alibaba, this is likely its final pre-IPO round, marking a crucial IPO phase.....