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90s VCs Redefine China AI Funding

Young 90s generation VCs are reshaping China's primary market with focus on AI, semiconductors, and biopharma amid high valuations and group deals. At China Investment Summit, leaders from GuoTou Futeng, Chunhua Capital, and Innovation Works share keywords like luck, hugging, and early-stage shifts. Authenticity and calmness key to syncing with founders in K-shaped revival.

Meta Cable Expansion Stalled by Iran Conflict

Meta Cable Expansion Stalled by Iran Conflict

Meta has paused its major internet cable expansion efforts in Africa due to the Iran conflict, impacting AI investments in the Middle East. Adobe CEO Shantanu Narayen will resign amid skepticism over the company's AI competitiveness. S&P Dow Jones Indices considers rule changes to fast-track SpaceX's index entry post-IPO.

Bloomberg TechnologyMediaMar 13#geopolitics#subsea-cables#ai-investments
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