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Recently, it was revealed that TPG Angelo Gordon has become the main investor in Elon Musk's artificial intelligence startup xAI Corp.'s debt financing plan. This financing arrangement will provide xAI with the necessary funds to advance its development in the field of artificial intelligence. According to insider sources, TPG is providing a loan for xAI, which is part of xAI's bond issuance. Morgan Stanley...

Mianbi Intelligence announced the completion of a new round of tens of millions yuan financing, which was jointly invested by Hongtai Fund, Guozhong Capital, Qingchuan Golden信 and Maotai Fund. The completion of this round of financing will lay a solid foundation for Mianbi Intelligence in areas such as efficient large model technologies, product barriers, industry empowerment, and ecological expansion, promoting the scaling application of the "edge-side brain" in thousands of industries.

Recently, the domestic embodied intelligent start-up "Lingyu Intelligence" announced the completion of a multimillion-dollar seed round financing. This round was led by InnoAngel Fund, with participation from Shuimu Alumni Seed Fund and Horizon Ventures. The company was co-founded by Jin Ge, an alumnus of the Department of Automation at Tsinghua University, together with his team. It is committed to creating a benchmark for embodied intelligent applications, accelerating the real-world implementation of robots in industrial and home scenarios. Lingyu Intelligence, leveraging its technical accumulation in the field of robot motion control, has built a general solution covering data collection from the human side, actuators on the machine side, to intelligent operation platforms, bridging from level L0 to L4 of intelligence.

On March 6th, Open Source China (Open Source Consensus (Shanghai) Network Technology Co., Ltd.), a leading enterprise in the open-source technology ecosystem, announced the completion of hundreds of millions of yuan in Series C financing. This round of financing was led by Beijing Information Industry Development Investment Fund (Beijing Information Industry Fund), with Shenzhen Special Zone Daily Equity Investment Fund (Shenzhen Special Zone Daily) and Beijing Shanghe Momentum Private Equity Fund (Shanghe Momentum) following suit. Index Capital acted as the financial advisor. The funding will be used to deepen its AI strategy, expand its product matrix, promote intelligent solutions with software and hardware synergy, and facilitate the implementation of AI in industrial fields. Founder and Chairman

According to Reuters, citing sources and a report by The Information, SoftBank CEO Masayoshi Son is reportedly planning to borrow $160 billion for investments in artificial intelligence (AI). The report states that company executives confirmed this intention during talks with banks last week. This move signals SoftBank's continued expansion in the AI sector, particularly amid intensifying global tech competition. Beyond the planned $160 billion, SoftBank is projected to have...