AI startup

PaleBlueDot A

2026-09-30 06:24:47

PaleBlueDot AI seeks $600 million credit line for chip purchases in South Korea

PaleBlueDot AI, an artificial intelligence startup, is seeking a $600 million private credit facility from asset manager Brookfield, according to Techub, which cited Crypto Briefing. The funding is intended mainly for large-scale chip purchases in South Korea. The company plans to use the procurement to support its broader expansion across Asia. The report did not disclose further terms of the proposed financing or a timeline for the chip purchases. The update was published by Techub as a brief technology news item.

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Shi Kaiwen

2026-09-10 09:46:44

Former Feishu VP Shi Kaiwen drops startup plan and joins a large-model company

BlockBeats reported that Shi Kaiwen, former vice president of product at Feishu, has abandoned his device-side Agent startup and joined a large-model company as a product partner. The move came less than three months after he announced the venture in late June. Shi had originally planned to build a device-side Agent, with team members from ByteDance and Shanghai Jiao Tong University. A June report had said that Sequoia China and Jinqiu Fund took part in the project’s early financing, but the funds had not actually been wired. The startup also had not publicly disclosed a concrete product form. Shi joined ByteDance in 2019, worked on Feishu’s product direction for years, and led the Feishu Bitable product.

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Ineffable Int

2026-09-07 11:31:13

AI Startup Ineffable Intelligence Hires Six Co-Founders from DeepMind, Others

Ineffable Intelligence, an AI startup, has hired six co-founders from Google DeepMind, InstaDeep, and Flying Fish as part of a strategic push to accelerate innovation and potentially reshape industry dynamics and ethics discussions.

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MiniMax

2026-09-02 07:55:06

MiniMax Leads Mainland Investors’ August HK Stock Buys With $1.4 Billion Inflow

Bloomberg reports MiniMax Group Inc. was the most popular Hong Kong-listed stock for mainland investors in August. Mainland buyers spent HK$10.6 billion (about $1.4 billion) on MiniMax shares that month via the Stock Connect channel, a total higher than those for Alibaba Group and Tencent Holdings. MiniMax became eligible for Shanghai-Shenzhen-Hong Kong Stock Connect trading on Aug 6, and southbound investors have since accumulated a 9.7% stake.

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Anthropic

2026-08-31 11:26:08

Anthropic confidentially files for IPO with the SEC, prospectus expected after Labor Day

Anthropic has confidentially submitted paperwork for an initial public offering with the U.S. Securities and Exchange Commission, according to Techub, citing Crypto Briefing. The AI startup is expected to release its prospectus after the Labor Day holiday in September. The information provided does not include details such as the size of the offering, valuation range, exchange listing, or a formal timetable beyond the expected post-holiday prospectus release. The filing remains at the confidential submission stage based on the source material.

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Instinct

2026-08-27 00:28:32

AI startup Instinct raises $350 million at a $2.5 billion valuation

Instinct, an AI startup founded just one year ago, has completed a $350 million funding round at a $2.5 billion valuation, according to Techub, citing TechCrunch. The company has drawn significant attention and a wave of capital in a short period of time. At the same time, the rapid rise has also sparked concerns over privacy. The report did not provide additional details on investors or transaction terms in the brief.

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General Intui

2026-08-25 01:43:53

General Intuition said to be in talks to raise at a $6 billion pre-money valuation

New York-based AI startup General Intuition is in talks to raise fresh funding at a $6 billion pre-money valuation, according to a market update cited by ChainCatcher. The prospective new backers include Valor Equity Partners, Point72 Ventures, and Seven Seven Six, while existing investors Khosla Ventures and General Catalyst are also taking part in the round. The talks come only weeks after the company completed a $320 million financing at a $2.3 billion valuation. General Intuition was spun out of game-clipping platform Medal by CEO Pim de Witte in October last year. The company is building foundation models designed to train general AI agents that can move through space and time, using hundreds of millions of hours of gameplay data and player action records as its initial training dataset. ChainCatcher said the startup is becoming one of the hottest companies in physical AI.

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Cognition

2026-08-12 04:00:00

Cognition opens early funding talks with valuation target of at least $40 billion

Cognition AI has entered early discussions with investors for a new funding round, according to a report cited by PANews from Cailian Press. If completed, the deal could lift the coding-focused startup’s valuation by more than 50% to at least $40 billion. The company’s annualized revenue run rate is said to be close to $1 billion, nearly double the figure disclosed during its previous financing round. The expected size of the new raise is more than $1 billion. Still, the transaction is not locked in. The report said Cognition could ultimately decide not to proceed with the fundraising, or it could choose a different financing structure with other terms. The talks are described as being at an early stage, which leaves room for changes before any final agreement is reached.

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