Zhipu begins building 1GW AI data center on domestic chips

The all-domestic chip plan also aligns with a broader push for local AI hardware after Zhipu was added to a US Commerce Department list.

The all-domestic chip plan also aligns with a broader push for local AI hardware after Zhipu was added to a US Commerce Department list.
Feathery, a San Francisco, CA-based provider of an AI operating and decisioning system for financial services, raised $30M in total funding, including its recently completed Series A. Backers included Portage Ventures, Index Ventures, Allstate Strategic Ventures, Clocktower Ventures, Erie Strategic Ventures, and Bain Capital Ventures. The company intends to use the funds to expand operations…
Funding Wrap One new unicorn, multiple AI bets and a steady stream of capital flowed into deeptech, healthcare and consumer startups this week. While AI continued to dominate, sectors such as consumer hardware, hospitality, and EV too found takers. ETEntrepreneur brings a roundup of key deals below. Databricks secures strategic funding at $188 bn valuation…
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The penalties relate to an investigation into Google’s Play store and its tactics around search ranking. The European Commission is expected to fine Google “hundreds of millions of euros” in a series of findings against the tech giant over the coming week, sources told the Financial Times (FT) on Wednesday (15 July). The penalties relate…
Korea deep tech academy launches 5D program to speed startup funding – CHOSUNBIZ Chosunbiz
For years, property technology was largely associated with making real estate transactions faster. Digital mortgage applications and virtual property tours dominated investment rounds as startups sought to modernize one of the largest industries in the U.S. Today, however, a new generation of proptech companies is tackling a far more pressing challenge: insurance. Nowhere is…