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Chinese GPU Maker Biren Technology Weighs Third Share Placement Worth $1 Billion
Shanghai Biren Technology, a US-blacklisted Chinese GPU maker positioning itself as a domestic Nvidia alternative, is weighing a roughly $1…
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AEO Startup Profound Hits $1.8 Billion Valuation With $180 Million Series D
Profound, a New York-based startup that helps brands optimize their visibility in AI chatbot answers (Answer Engine Optimization), raised a…
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Google, Nvidia and Emerald AI Launch Alliance to Make AI Data Centers Grid-Flexible
Emerald AI, Google, and Nvidia announced the launch of the AI Energy Management Alliance (AEMA) on September 16, 2026, a…
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Dutch Startup Fortaegis Raises $50 Million to Secure AI Chips at the Silicon Level
Amsterdam-based Fortaegis raised an oversubscribed $50 million Series A, led by Singapore’s Serendipity Capital, to commercialize chip-based ‘Secure Compute’ security…
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Swedish Healthtech Tandem Health Raises $100 Million to Build an AI Clinic Operating System
Stockholm-based Tandem Health raised a $100 million Series B led by the EU-backed Scaleup Europe Fund, managed by EQT, which…
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ByteDance Spins Off AI Drug-Discovery Unit Anew Labs With $290 Million Funding Round
ByteDance completed a $290 million first external funding round for Anew Labs, its newly spun-off Shanghai-based AI drug-discovery unit, valuing…
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Manufacturing AI Startup CADDi Raises $114 Million Series D at $1.2 Billion Valuation
Tokyo-based CADDi, which uses AI to structure and connect fragmented industrial data such as engineering drawings and procurement records, raised…
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Shanghai’s Hello Robotaxi Raises $100 Million at Nearly $3 Billion Valuation
Hello Robotaxi, the autonomous-driving arm of bike-sharing firm Hello (backed by Ant Group), raised approximately $100 million led by Shanghai…
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Oracle Lays Off Up to 30,000 Employees to Fund AI Data Center Buildout
Oracle began a fresh round of layoffs on September 14, 2026, cutting jobs across the US, India, Canada and Mexico,…
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OpenAI Confirms Weeks of AI Safety Talks With Anthropic and Google DeepMind
OpenAI, Anthropic and Google DeepMind have been holding AI safety talks for several weeks, OpenAI global policy chief Chris Lehane…
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King Charles Convenes AI Executives at Scotland Summit Amid Safety Fears
King Charles III convened a summit of AI industry leaders, including executives from OpenAI, Anthropic, Nvidia and Google DeepMind, at…
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OpenAI Publishes Model Misalignment Disclosure Framework With Six Incident Reports
OpenAI released a Model Misalignment Reporting Framework on September 16-17, 2026, outlining three review tracks (Ready for Disclosure, Minor Investigation,…