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Kuaishou is spinning out its Kling AI video-generation model into a separately financed company, attracting investment from Tencent, Alibaba Cloud, Baidu, and other institutions at an implied valuation of $18 billion. Kling has surpassed 100 million global users and nearly 50,000 enterprise customers, but continues to generate substantial losses because of compute costs.
AI data startup Micro1 has reached a $500 million gross run rate as demand for AI training data accelerates. The growth highlights expanding opportunities for data providers supporting model development.
Unitree has launched a biomimetic seven-axis dexterous robotic arm, priced from 9,900 yuan. The product could lower the hardware cost of embodied AI development, robotic manipulation research, and automation prototyping.
Alibaba’s profit plunged after it raised quarterly capital expenditure for AI to nearly $10 billion. The report also examines Meta’s growing role as a Microsoft AI customer and Castelion’s plans to scale hypersonic missile production.
Mayfield has invested more than $3 billion in AI companies, often before founders have built products or formally incorporated. Managing Partner Navin Chaddha explains the firm’s belief in AI as a potential “100x opportunity” and its decision to remain focused on early-stage investing.
Alibaba’s net profit fell 75% to $1.54 billion in the June quarter as capital spending reached $9.98 billion. The spending reflects a major investment in AI infrastructure and cloud capabilities rather than a deterioration in core business performance.
Investor Duan Yongping bought back 301,400 Alibaba shares worth about $28.93 million, representing only 0.15% of his portfolio. The small position suggests renewed observation rather than strong conviction, especially as Alibaba explores AI cooperation with Apple while PDD Holdings receives a much larger allocation.
Rising AI server power density is turning cabinet-level Battery Backup Units from an optional component into a required part of data-center power architecture. Global BBU cell shipments reportedly reached about 276 million units in the first half of 2026, intensifying shortages and competition among Asian battery suppliers.
The article examines whether Unitree can become the defining company in embodied AI amid a surge of 93.5 billion yuan in funding. It argues that embodied-AI financing is entering a more rational phase, with investor enthusiasm facing closer scrutiny.
鈦動科技 has completed a new funding round, according to the report. The company is presented as an AI venture focused on international expansion, with backing from prominent global investors.