OpenAI secures largest stake in $250 million Merge Labs seed round
OpenAI has invested the largest amount in Merge Labs’ $250 million seed round at an $850 million valuation. The brain-computer interface startup, founded by Sam Altman, emerged from stealth on Thurs...
Trump formalizes AI chip export deal with 25% tax on China sales
After months of speculation regarding potential trade barriers, President Trump signed a proclamation on Wednesday establishing a 25% tariff on advanced AI semiconductors. This new levy specifically t...
China’s Kuaishou to Raise $2 Billion in Bond Offering
Kuaishou Technology, which competes with ByteDance in China, on Friday announced a bond sale of $2 billion, in a move that could enable it to ramp up its AI investments. Hong Kong-listed Kuaishou is i...
Deepgram Closes $130M C Round, Acquires OfOne
Deepgram, the real-time API platform targeting the Voice AI economy, has raised $130 million in Series C funding at a $1.3 billion valuation. The round was led by AVP, an independent global investment...
