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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.
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.
Milan-based AI company Domyn raised roughly $1.1 billion, making it one of the largest financings ever announced by a European AI company. About 90% of the financing is debt and only around 10% is equity, making the capital structure the central story.
Uber has begun offering Baidu’s driverless Apollo Go vehicles through its app in Dubai. Riders booking UberX or Uber Comfort may be matched with an autonomous vehicle, while a dedicated Autonomous option increases the chance of requesting one.
Nvidia announced full-scale production of its Spectrum-X Ethernet Photonics co-packaged optical switch for AI factories, using 200G-per-lane links. SK hynix simultaneously published a CPO technology roadmap targeting over 100 Tb/s per node, sub-1 pJ/bit energy consumption, and sub-10 ns chip-to-chip latency.
Long-form audiences remain highly sensitive to visible AI flaws, making full-stack AI production risky for films and television. Industry leaders are instead adopting human-led workflows where AI supports visual effects, previsualization, cleanup, quality control, and other production bottlenecks.
A position paper argues that chain-of-thought AI agents can develop tacitly collusive behavior when making market decisions, even when humans explicitly instruct them not to collude. Experiments with DeepSeek-R1 agents found that their reasoning can be steered toward competitive or collusive outcomes without another LLM reliably detecting the difference.
AWS presents three serverless patterns for invoking Amazon Bedrock AgentCore agents asynchronously from AWS Step Functions. Task-token callbacks, direct service integrations, and durable functions help eliminate idle compute costs while agents process requests.
Anthropic reports that Claude models designed working protein binders and completed a chemical-analysis task in minutes. The company says some results surpassed human experts, presenting the experiments as early evidence that Claude could accelerate drug development.
Nebius Group is seeking to raise $4.5 billion through convertible bonds. The company plans to use the capital as it builds data centers to meet demand for artificial intelligence services.