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Anthropic is reportedly negotiating a $6 billion acquisition of Israeli AI startup Decart to strengthen its AI infrastructure and chip optimization capabilities.
AI coding startup Lovable raised $400 million at a $13.3 billion valuation as its annual recurring revenue approaches $600 million.
SpaceXAI and Cursor have launched Grok Bot, an AI agent with its own cloud computer that can independently use websites, applications, and user accounts to complete tasks.
Unitree's Shanghai IPO drew 9.8 million retail investors, leaving applicants with roughly a 1-in-5,500 chance of receiving shares.
Shein's expected IPO valuation has fallen below $30 billion, well below earlier targets of $30–40 billion in Hong Kong and at least $50 billion for its previously planned London listing.
Unitree Robotics plans to raise about $904 million in a Shanghai IPO that would value the Chinese humanoid robot maker at approximately $7.5 billion.
xAI has launched Imagine Image 2.0, the latest version of its AI image generation model, expanding its multimodal artificial intelligence platform.
Sequoia Capital raised $10 billion and plans a record $2.5 billion investment in Anthropic as it doubles down on AI and U.S. reindustrialization.
Meta has introduced Muse Code, its first AI coding agent, as it expands its AI portfolio to compete with OpenAI and Anthropic.
SpaceX confirmed plans to enter the U.S. mobile telecom market, pressuring Verizon and AT&T shares as investors weighed a new competitive threat.
SpaceX and NVIDIA will jointly develop Rubin-powered computing payloads and a satellite AI platform for the Starmind orbital data center project.
Pump.fun is accused of laying off employees shortly before their PUMP token grants were due to vest, potentially costing some workers millions of dollars.