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China's AI Push: Kimi K3, WAICO, and the Race for Global AI Leadership

China's Growing AI Capabilities China has been rapidly expanding its artificial intelligence sector, with recent developments drawing significant attention from policymakers and industry observers worldwide. The emergence of advanced AI models like Kimi K3 and strategic initiatives such as WAICO highlight the country's ambition to become

Anthropic Emerges as a Potential $2 Trillion AI Powerhouse

Anthropic, the AI safety-focused company backed by Google, is generating significant investor interest with reports suggesting a valuation ceiling of $2 trillion. This positioning would place Anthropic among the most valuable companies globally if realized. The valuation discussion comes amid heightened investor enthusiasm for AI companies following the success of

OpenAI Foundation Commits $100 Million to Support State-Level AI Implementation in Public Health

The OpenAI Foundation has announced a significant funding commitment of $100 million designated for state-level AI implementation focused on public health applications. This initiative aims to support government agencies in deploying artificial intelligence solutions to address public health challenges and improve health outcomes at the state level. The program represents

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Thrive Holdings Lands $2B to Expand Enterprise AI Solutions

Thrive Holdings has closed a $2 billion funding round, pushing its valuation to $12 billion. The round drew support from prominent investors SoftBank, D1 Capital Partners, and Altimeter Capital. Backed by OpenAI, the company plans to leverage the capital to expand its portfolio of AI tools tailored for enterprise customers.

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Federal Government Intervenes in New York-Kalshi Legal Dispute Over Prediction Markets

The Trump administration has stepped into a legal battle between New York state and prediction market platform Kalshi, ordering the company to keep operating despite state gambling enforcement actions. The federal government claims that New York's lawsuit against Kalshi has created a "market emergency" that justifies

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Form Energy Secures $750M to Scale 100-Hour Grid Battery Production

Form Energy has closed a $750 million funding round to accelerate production of its iron-air batteries designed to store electricity for up to 100 hours—significantly longer than typical lithium-ion grid storage systems that typically provide 4–8 hours of capacity. The company, which counts Google and cloud infrastructure provider

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Lovable Reaches $13.3B Valuation After $400M Raise

Lovable, the AI startup focused on building web and mobile applications through conversational interfaces, has secured $400 million in fresh capital at a $13.3 billion valuation, according to sources familiar with the matter. The funding round represents a significant jump for the company, which achieved $500 million in annualized