
Moonshot AI Goes From $4.3B to $20B in Six Months
Moonshot AI closed a $2B round at a $20B valuation, four-times its end-2025 value, on the strength of its Kimi open-weight models and $200M ARR.
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Moonshot AI closed a $2B round at a $20B valuation, four-times its end-2025 value, on the strength of its Kimi open-weight models and $200M ARR.

China's state semiconductor fund is leading DeepSeek's first-ever VC raise at a $45B valuation, signaling a strategic shift from chip investment to backing AI model labs directly.

Bernstein projects Nvidia's China AI chip share falls from 66% to 8% in 2026 while Huawei targets $12B in revenue, with ByteDance alone committing $5.6B in Ascend 950PR orders.

China's NDRC ordered Meta to reverse its $2B Manus acquisition and barred the startup's founders from leaving China, ending the 'Singapore washing' strategy that let Chinese AI firms dodge Beijing oversight.

Singapore FM Vivian Balakrishnan published his personal AI architecture - a Raspberry Pi second brain connecting WhatsApp, Gmail, and a persistent knowledge graph.

Cohere acquires Germany's Aleph Alpha at a $20B combined valuation, backed by a €500M Schwarz Group commitment, to build a transatlantic challenger for sovereign enterprise AI.

DeepSeek releases V4 Flash and V4 Pro with frontier-class benchmarks at prices 7-9x below OpenAI and Anthropic, built entirely on Huawei Ascend chips.

NEC becomes Anthropic's first Japan-based global partner, giving 30,000 employees Claude access to build what both companies call Japan's largest AI-native engineering organization.

DeepSeek V4 has slipped three times since February. Jensen Huang called it a horrible outcome for America. Here is what is actually hard about running a trillion-parameter model on Huawei's CANN framework.

Dario Amodei met with Susie Wiles and Scott Bessent at the White House on April 17, while Trump - standing on a Phoenix runway - said he had 'no idea' about the meeting.

Google is negotiating to deploy Gemini on classified Pentagon networks, the same tier Anthropic was blacklisted for refusing to serve without safeguards.

The Trump administration is simultaneously suing Anthropic in federal court over a supply chain risk designation and sending Treasury Secretary Bessent and Fed Chair Powell to convince Wall Street banks to use Anthropic's most powerful model.