While OpenAI debates profitability timelines, China's Kimi just banked $2 billion at a $20 billion valuation from Meituan, the company that delivers dinner to 700 million people. Moonshot AI raised ~$2 billion in new funding led by Meituan, valuing the Kimi chatbot maker at $20 billion
Continue reading ›
The White House is trying to regulate AI without regulating AI, and the contradiction is louder than the policy.
Continue reading ›
The biggest Bitcoin upgrade debate in years isn't about block size or ordinals. It's about survival. Project Eleven CEO Alex Pruden warns that Bitcoin's migration to post-quantum cryptography will be harder than Taproot and needs to start now, not when quantum computers pose a proven threat.
Continue reading ›
The defense industrial base just got a new prime contractor, and it's still learning to use forks. Scale AI landed a $500 million Pentagon contract to build data infrastructure and decision support systems for the DoD
Continue reading ›
The White House is about to put a choke collar on AI model releases while Big Tech just announced they're spending three-quarters of a trillion dollars to build them faster.
Continue reading ›
A Finnish AI lab hits unicorn-adjacent valuation before shipping a product—and Europe's sovereign tech bet just got a lot more expensive. QuTwo, founded by ex-Silo AI CEO Peter Sarlin, raised €25M ($29M) at a €325M ($380M) valuation—all from angels, before product launch
Continue reading ›
When the Secretary of Defense starts talking about Bitcoin like a weapons system, you're not watching financial news anymore—you're watching nations reconfigure what power means.
Continue reading ›
Beijing just told the world exactly how seriously it takes the AI sovereignty race—by writing a check with ten figures. China's state-backed chip investment fund is in talks to lead a funding round for DeepSeek valued at roughly $45 billion, per the Financial Times.
Continue reading ›
The money finally figured out that you can't train frontier models on vibes and venture capital—you need actual electrons. Guggenheim Partners Executive Chair Alan Schwartz warned at Milken that US electrical grid limitations could cost America its AI leadership
Continue reading ›
Intel's betting $178 million that quantum computing moves from lab curiosity to commodity hardware, and they're doing it in the Netherlands instead of Silicon Valley. QuantWare raised €152 million ($178 million) led by Intel Capital to build a quantum processor production facility in the Netherlands
Continue reading ›
The world's most valuable company just learned that building AI agents means playing by Beijing's rules, even when the money is American and the buyer wears a hoodie.
Continue reading ›
The economist managing $700 billion just said AI's job math will look like China's WTO entry—but he's betting you remember only the second half of that story.
Continue reading ›
A bank that survived the Opium Wars just bet $150 million that crypto market-making is infrastructure, not speculation. SC Ventures, Standard Chartered's VC arm, took a $150 million stake in crypto trading firm GSR at a valuation exceeding $1 billion
Continue reading ›
The frontier model release schedule just got a new gatekeeper, and it's not a safety board or a nonprofit watchdog.
Continue reading ›
The companies building AGI just handed Washington the keys before anyone else gets to turn the ignition. Google, Microsoft, and xAI agreed to give the US government pre-release access to their AI models for security evaluation before public deployment.
Continue reading ›
The frontier AI war just got messy—lawsuits flying, billion-dollar deals reshuffled, and China's scrappy underdog closing the gap faster than anyone expected.
Continue reading ›
When the Pentagon and the White House can't agree on whether an AI model is safe to deploy, you're watching the invention of a new regulatory regime in real time.
Continue reading ›
Bitcoin just became defense policy, and the playbook is spreading faster than anyone expected. MicroStrategy raised $82M for Bitcoin purchases amid rising geopolitical tensions, then temporarily paused buying before resuming next week.
Continue reading ›
The agent economy just got 17 times cheaper to operate, and nobody had to ask OpenAI for permission. DeepClaude combines Claude's code generation with DeepSeek V4 Pro's reasoning, creating an agent loop that costs $0.30 per million input tokens versus Claude's $5.10
Continue reading ›
The cyber arms race just went autonomous, and China's biggest security firm isn't waiting for permission. 360 Security Group is deploying AI to hunt zero-day vulnerabilities in commercial software, directly competing with Anthropic's approach
Continue reading ›