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Wednesday23 items

  3. TechCrunch AI
    AI score59

    AI compute startup Lambda seeks $4 billion pre-IPO funding at a $14.5 billion valuation

    Cloud service provider Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation, led by Coatue Management and Blackstone, in what may be its last private funding round before its planned 2027 IPO. According to an investor letter seen by The Wall Street Journal, Lambda's backlog grew from $15 billion in June to $50 billion in September, with most of the increase coming from a $35 billion commitment signed by Anthropic at the end of August. The report said Lambda also raised an additional $1 billion in debt last week, with data center construction financed mainly through debt.

    #Industry news#English text is being prepared.#English text is being prepared.

Tuesday23 items

  6. X.PIN
    AI score68

    Moonshot AI Plans Hong Kong IPO in Q1 2027 at a Valuation of About $50 Billion

    According to Bloomberg, citing people familiar with the matter, Kimi's parent company Moonshot AI plans to hold an IPO in Hong Kong in the first quarter of 2027 after completing a private financing round at a valuation of about $50 billion. The same report also mentioned that Kuaishou's AI video platform Kling AI has selected investment banks to prepare for a Hong Kong IPO, aiming to raise at least $1 billion, with a listing as early as 2027; the offering size and timing may still change.

    #Industry news#OpenAI#DeepSeek

  7. BBC Chinese
    AI score70

    US Department of Defense Officially Stops Using Anthropic's AI Tools

    A US Department of Defense official told the BBC that the Pentagon has stopped using Anthropic's products. Defense Secretary Hegseth in February of this year designated Anthropic as a supply chain risk on national security grounds and announced that its products would be discontinued by late August, but multiple people familiar with the matter said that until last week the department was still using the Claude model in research, intelligence gathering, and military operations against Iran. Anthropic said this designation is unprecedented and illegal, and has sued the Trump administration; during the same period, the Pentagon signed contracts with companies including Google, xAI, and OpenAI.

    #Industry news#OpenAI#Anthropic