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Kuaishou’s Kling AI raised nearly $3 billion at a post-money valuation of $18 billion, with Kuaishou’s stake falling to 68.33% and a potential Hong Kong IPO targeted by 2031. Despite strong revenue growth, Kling faces slowing momentum, talent departures, and intense competition from ByteDance’s Seedance and open-source video models.
Eagle Point Credit Management is providing about $1.3 billion to help build a large Texas data center that will house Anthropic. The loan is part of a much larger financing package supporting the infrastructure behind the AI boom.
The US Department of Justice has intervened in support of xAI's challenge to a Minnesota law banning AI nudification tools. A federal judge heard arguments and said a ruling on xAI's request for a preliminary injunction would come soon.
Nokia is reportedly planning further layoffs, facility closures, and a major reduction of its mainland China operations, potentially retaining only limited after-sales services. The retreat is part of a global restructuring toward AI and cloud businesses, but it may reduce Nokia’s access to China’s large-scale 5G deployment data needed for AI-RAN and future 6G research.
GitLab 19.3 adds bulk SAST False Positive Detection and Agentic SAST Vulnerability Resolution for existing vulnerability backlogs. Teams can automatically assess findings, dismiss likely false positives, and generate ready-to-merge fixes, including for SARIF-imported third-party scanner results.
Marvell and Google are deepening their partnership on custom AI chip development. Marvell is giving Google the right to purchase up to $12.2 billion in Marvell stock, strengthening their long-term alignment in the AI hardware race.
OpenAI has slowed parts of its AI development to strengthen security and safeguards. The company paused reinforcement-learning training for two weeks on its latest deployment-focused models and delayed its largest planned frontier RL run.
OpenAI has introduced a monitoring system for its riskiest AI work and says it adds about 20% to the compute cost of covered workloads. The company also paused some frontier training for two weeks as part of the changes.
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.
Amid lawsuits, executive departures, and preparations for an IPO, Greg Brockman has emerged as an increasingly powerful figure at OpenAI. The article analyzes how the co-founder and current president has consolidated influence over the company’s engineering and strategic direction.