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03.07.26 - 05:36
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Kuaishou files US$3 billion Kling AI funding round to Hong Kong stock exchange (SCMP)
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Chinese short video giant Kuaishou said on Thursday evening that its artificial intelligence video arm, Kling AI, was seeking to raise around US$3 billion in its first external fundraising round, according to a filing to Hong Kong Exchanges and Clearing.
The funding round, first reported by the South China Morning Post on Wednesday, was backed by a long list of investors, spanning Chinese technology heavyweights, state-backed investment vehicles and entertainment industry participants.
Baidu,......
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03.07.26 - 05:06
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Meta′s reported cloud push fuels debate over AI chip demand (Digitimes)
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Meta's reported plan to expand into cloud services is drawing fresh scrutiny from global investors and chip suppliers. The move could signal either excess AI infrastructure spending or a broader push to monetize capacity, with implications for cloud AI demand, chip purchases, and the pace of industry investment worldwide....
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03.07.26 - 02:54
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Trend Micro and Check Point expand enterprise AI security integrations (Digitimes)
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Trend Micro and Check Point Software are expanding AI security partnerships as large language model use spreads across corporate systems worldwide. The moves, aimed at enterprise customers in the US and beyond, reflect growing pressure on security teams to govern the use of generative AI, limit data exposure, and improve oversight as businesses embed AI into daily operations....
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