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Kling AI Becomes Kuaishou’s Growth Engine

Kling AI Becomes Kuaishou’s Growth Engine

Kling AI generated more than RMB 850 million in Q2 revenue, up 240% year over year, making it the standout growth driver in Kuaishou’s otherwise slowing business. Kuaishou is prioritizing AI investment, spinning Kling AI out for independent financing at an implied valuation of US$18 billion despite near-term profit pressure.

Rapidus Bets on 2nm Without Fighting TSMC

Rapidus Bets on 2nm Without Fighting TSMC

Rapidus is pursuing mass production of advanced 2nm semiconductors through a large-scale Japanese national project. Instead of matching TSMC’s scale, the company plans to compete with RUMS, an integrated one-building production model designed for diverse, lower-volume manufacturing.

ITmedia AI+ (日本)Media1h ago#2nm#semiconductors#chip-manufacturing
Anthropic Targets a Record-Breaking IPO

Anthropic Targets a Record-Breaking IPO

Anthropic reportedly expects its IPO to match or exceed SpaceX's record $75 billion raise and could file publicly as soon as the end of this month. The company reportedly recorded an almost $42 billion net loss in 2025, about five times the previous year's figure.

The Next Web (TNW)Media5h ago#ipo#frontier-ai#fundraising
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