2026-06-29
China’s AI sector is not short of cash. If anything, American pressure is pumping more in. DeepSeek shows the pattern best. The Hangzhou lab closed a $7.4bn round, the biggest first-time raise by a Chinese startup, at a valuation above $50bn. It had run for three years on founder Liang Wenfeng’s own wealth and never […]<br /> This story continues at The Next Web [...]
2026-06-29
Patience has a price, and someone else is paying it. OpenAI may wait until 2027 to go public. The wait is meant to buy a bigger number. OpenAI is weighing a listing as late as 2027, Bloomberg reported. That timeline could see it go public after its rival Anthropic. Altman has reportedly rejected an earlier […]<br /> This story continues at The Next Web [...]
2026-06-29
Microsoft has launched even more AI tools for Excel to maintain the software's position as a go-to finance tool. [...]