Elon Musk's xAI Valued at $24 Billion After Securing New Funding to Compete Against OpenAI

Elon Musk's AI startup xAI has successfully secured $6 billion in series B funding, propelling its post-money valuation to an impressive $24 billion.


China’s ‘Big Fund’ Launches 3rd Local Chip Industry Funding Worth $47.5 Billion

China launched the third phase of its ‘Big Fund’ program supporting local semiconductor manufacturers with an estimated value of $47.5 billion...

Alibaba Says It Considers Selling Convertible Bonds to Raise $5 Billion, Then Its Hong Kong Shares Suddenly Dropped

Hong Kong-listed shares of Alibaba dropped more than 5% on Thursday after news broke that the Chinese e-commerce giant was considering issuing convertible notes to get $5 billion...

Melinda Gates Invests in Female-Led Startups to Overcome 'Bro Culture' in Tech

Melinda French Gates revealed that she left the Gates Foundation to focus on empowering women leaders and combating tech's male-dominated culture, drawing from her four decades of experience at Micros..


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