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Restaurants Turn to AI Food Images, and Diners Are Pushing BackTrump Order Opens Path to Restrict Foreign Power Gear for AI Da...Uber and Wayve Put 15 Supervised Robotaxis on London’s StreetsMostik Links AI Models Through Their Weights, Claiming a 20x Co...LlamaIndex and Kaggle Launch a Document Benchmark for Cost and...Broadcom Forecasts $21.7B in Quarterly AI Chip Sales After a 22...Restaurants Turn to AI Food Images, and Diners Are Pushing BackTrump Order Opens Path to Restrict Foreign Power Gear for AI Da...Uber and Wayve Put 15 Supervised Robotaxis on London’s StreetsMostik Links AI Models Through Their Weights, Claiming a 20x Co...LlamaIndex and Kaggle Launch a Document Benchmark for Cost and...Broadcom Forecasts $21.7B in Quarterly AI Chip Sales After a 22...

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FundingStartups

Enflame Opens $910M Shanghai IPO Subscription, Testing Its Specialized AI-Chip Bet

The offering would fund Enflame’s next two chip generations and related software projects, while investors weigh a focused architecture against domestic competition and heavy reliance on Tencent revenue. Enflame Technology is opening subscriptions for a 6.12 billion yuan, or US$910.3 million, initial public offering on Shanghai’s Star Market. Enflame said it would issue 43.04 million shares at 142.18 yuan each.

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FundingStartups

Clipto Raises $15M at $250M Valuation to Turn Local Files Into AI-Agent Context

The profitable file-search startup says its MCP connection lets authorized AI tools retrieve selected local data. Its bet is that cross-format search can remain a product category even as large platforms build similar features into their own apps. The investors include HSG, formerly Sequoia China, GL Ventures, EnvisionX Capital, Palm Drive Capital, Hans Tung, Lu Zhang and 522 Ventures.

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FundingStartups

DeepSeek Reportedly Seeks $7.4 Billion at $74 Billion Valuation for Compute Buildout

The proposed financing would move the AI lab further beyond its founder’s quant fund, while giving prospective investors a larger bet on research, infrastructure and a possible Shanghai listing. DeepSeek is reportedly seeking at least $7.4 billion in new funding at a potential $74 billion valuation, a proposed round aimed at research and development and an expansion of its computing infrastructure.

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