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Friday

Thursday

Wednesday

  2. TechCrunch AI

    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.

    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 ad

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    #tech-media#Industry news#English text is being prepared.#English text is being prepared.

Tuesday

  1. BBC Chinese

    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.

    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. Anthr

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    #chinese#Industry news#OpenAI#Anthropic

Monday

  4. Cailian Press

    Microsoft launches biological world model Quine, multiple giants double down on AI4S

    Microsoft Research has launched an experimental AI research system, Quine, building a biological multimodal world model covering genomics, proteins, chemistry, RNA, cell states, and biological imaging, and constructing an interactive harness framework that connects models, scientific tools, literature, and researchers. Microsoft has partnered with the Broad Institute, jointly established by MIT and Harvard University, to apply Quine to cancer biology research. In one case, it completed the predictive ranking of the effects of thousands of compounds on pancreatic cancer cell states over a single weekend, saving months of experimental work, but the system is still in an early research stage. In addition, Anthropic established a life sciences research team and laboratory on September 23, OpenAI launched GPT-Rosalind for life sciences in April this year, and Nvidia announced in January this year a joint effort with Eli Lilly to build an AI innovation laboratory.

    Microsoft Research has launched an experimental AI research system, Quine, building a biological multimodal world model covering genomics, proteins, chemistry, RNA, cell states, and biological imaging, and constructing an interactive harness framework that connects models, scientific tools, literature, and researchers. Microsoft has partnered with the Broad Institute, jointly established by MIT and Harvard University, to apply Quine to cancer biology research. In one case, it completed the predi

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

Sunday

Saturday

  1. Huxiu

    Yangtze Memory's STAR Market IPO to raise 33 billion yuan, setting a STAR Market record

    Yangtze Memory's STAR Market IPO has been accepted, with plans to raise 33 billion yuan, surpassing ChangXin Memory's 29.5 billion yuan and setting the largest proposed fundraising scale on the STAR Market. By flash memory shipments, its market share reached 14% in the second quarter of 2026, rising to third globally for the first time and overtaking Kioxia and Micron; by revenue it still ranks fifth globally. The article reviews Wuhan's process from building Wuhan Xinxin's 12-inch production line in 2006, to the National Memory Base landing in 2016 and the founding of Yangtze Memory, and to Hubei Science and Technology Investment contributing 5.1 billion yuan in 2022 to buy back the equity held by Tsinghua Unigroup.

    Yangtze Memory's STAR Market IPO has been accepted, with plans to raise 33 billion yuan, surpassing ChangXin Memory's 29.5 billion yuan and setting the largest proposed fundraising scale on the STAR Market. By flash memory shipments, its market share reached 14% in the second quarter of 2026, rising to third globally for the first time and overtaking Kioxia and Micron; by revenue it still ranks fifth globally. The article reviews Wuhan's process from building Wuhan Xinxin's 12-inch production li

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    #hot-signal#Industry news#English text is being prepared.

Friday

Thursday

  2. Cailian Press

    Big Short's Burry Calls for Market Decline to Stop OpenAI and Anthropic Listings

    Michael Burry said on X that, for the benefit of humanity, the market should fall sharply to stop the initial public offerings of OpenAI and Anthropic, claiming the two companies will siphon off trillions of dollars and ultimately destroy it. He has recently repeatedly questioned the returns on AI infrastructure spending and disclosed short positions in AI stocks such as Nvidia, shifting to put options. Anthropic's prospectus shows it plans to spend $518 billion over the next few years on cloud computing and infrastructure construction, with a net loss of nearly $42 billion last year; OpenAI has postponed its IPO plan to next year.

    Michael Burry said on X that, for the benefit of humanity, the market should fall sharply to stop the initial public offerings of OpenAI and Anthropic, claiming the two companies will siphon off trillions of dollars and ultimately destroy it. He has recently repeatedly questioned the returns on AI infrastructure spending and disclosed short positions in AI stocks such as Nvidia, shifting to put options. Anthropic's prospectus shows it plans to spend $518 billion over the next few years on cloud

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    #chinese#Industry news#OpenAI#Anthropic