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Friday

  1. 36Kr · AI

    CATL invests in DeepSeek, Liang Wenfeng helps Zeng Yuqun stabilize the capital market narrative

    According to foreign media reports, DeepSeek's new funding round is about 100 billion yuan, with CATL as one of the main investors; the CATL system had previously invested about 5 billion yuan in DeepSeek's first funding round. The article argues that CATL's third-quarter net profit attributable to shareholders rose only 14.5% year-on-year, and its A-shares fell 12.03% the next day; investing in DeepSeek provided it with an AI narrative anchor. The CATL system has also invested in computing power and power supply-related targets such as Vianet and Zhongheng Electric, with the three disclosed or reported transactions totaling more than 15 billion yuan.

    According to foreign media reports, DeepSeek's new funding round is about 100 billion yuan, with CATL as one of the main investors; the CATL system had previously invested about 5 billion yuan in DeepSeek's first funding round. The article argues that CATL's third-quarter net profit attributable to shareholders rose only 14.5% year-on-year, and its A-shares fell 12.03% the next day; investing in DeepSeek provided it with an AI narrative anchor. The CATL system has also invested in computing powe

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Thursday

  1. heise online

    Fortinet Issues Emergency Update Due to AI-Discovered Critical Vulnerabilities

    Fortinet announced unscheduled security updates for FortiOS, FortiManager, FortiAnalyzer, FortiMail, and FortiAuthenticator to fix critical and high-risk vulnerabilities discovered by the Frontier-AI model during security testing, and urged customers to install them as soon as possible. Affected versions include FortiOS 8.0.2, 7.6.8, 7.4.13, 7.2.14, and others; FortiSASE will update automatically by this Thursday. Fortinet also warned that similar AI capabilities could be used by attackers to reverse-engineer patches and construct working exploits within hours or days.

    Fortinet announced unscheduled security updates for FortiOS, FortiManager, FortiAnalyzer, FortiMail, and FortiAuthenticator to fix critical and high-risk vulnerabilities discovered by the Frontier-AI model during security testing, and urged customers to install them as soon as possible. Affected versions include FortiOS 8.0.2, 7.6.8, 7.4.13, 7.2.14, and others; FortiSASE will update automatically by this Thursday. Fortinet also warned that similar AI capabilities could be used by attackers to re

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Wednesday

  1. HuxiuSelected

    SpaceX and Tesla Discuss Merger, Valued at About $3.5 Trillion

    SpaceX's third-quarter revenue was $14.6 billion and net profit was $4.4 billion; AI and computing power business revenue was $7.56 billion, up more than ninefold year-on-year, surpassing the connectivity business for the first time. Musk confirmed that SpaceX and Tesla have each established independent special committees of the board of directors to discuss a merger, with a merger valuation of about $3.5 trillion. The article points out that Tesla's free cash flow is negative, and that the merger would change the financing method and capital allocation authority, and the transaction would also need to pass antitrust, national security and foreign investment reviews.

    SpaceX's third-quarter revenue was $14.6 billion and net profit was $4.4 billion; AI and computing power business revenue was $7.56 billion, up more than ninefold year-on-year, surpassing the connectivity business for the first time. Musk confirmed that SpaceX and Tesla have each established independent special committees of the board of directors to discuss a merger, with a merger valuation of about $3.5 trillion. The article points out that Tesla's free cash flow is negative, and that the merg

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  2. Rohan PaulSelected

    WSJ sees Anthropic IPO draft: half-year revenue $16.3 billion, compute commitments about $450 billion

    The Anthropic IPO draft seen by WSJ shows half-year revenue of $16.3 billion, a book loss of $80.7 billion, and compute commitments of about $450 billion. The draft discloses fixed payments of $252 billion to three major cloud providers over the next 7 to 10 years, including $111 billion to Google, $110 billion to AWS, and $31 billion to Microsoft, payable whether or not used. There is also over $160 billion in Google chip leasing (via Broadcom) and up to $86 billion in Nvidia GPU rental, plus $150 billion in deals under negotiation.

    The Anthropic IPO draft seen by WSJ shows half-year revenue of $16.3 billion, a book loss of $80.7 billion, and compute commitments of about $450 billion. The draft discloses fixed payments of $252 billion to three major cloud providers over the next 7 to 10 years, including $111 billion to Google, $110 billion to AWS, and $31 billion to Microsoft, payable whether or not used. There is also over $160 billion in Google chip leasing (via Broadcom) and up to $86 billion in Nvidia GPU rental, plus $

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Thursday

  1. Huxiu

    Anthropic reports Q3 revenue of $16.8 billion and two consecutive profitable quarters, plans to launch roadshow in November in bid for $2 trillion valuation

    Anthropic disclosed at an investor meeting in San Francisco on October 14 that its third-quarter revenue was $16.8 billion, up 50% quarter-over-quarter, that it achieved adjusted operating profit for a second consecutive quarter and positive free cash flow for the first time, with an adjusted gross margin of 85% and an operating margin of more than 11%. The company plans to launch its roadshow as early as the week of November 9 and to list on Nasdaq before Thanksgiving, targeting a valuation of $1.8 trillion to $2 trillion, corresponding to a price-to-sales ratio of about 31 times. The prospectus also shows an operating loss of $8.06 billion for 2025, a $518 billion ten-year computing commitment, and nearly a quarter of revenue coming from two customers.

    Anthropic disclosed at an investor meeting in San Francisco on October 14 that its third-quarter revenue was $16.8 billion, up 50% quarter-over-quarter, that it achieved adjusted operating profit for a second consecutive quarter and positive free cash flow for the first time, with an adjusted gross margin of 85% and an operating margin of more than 11%. The company plans to launch its roadshow as early as the week of November 9 and to list on Nasdaq before Thanksgiving, targeting a valuation of

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