Startups
Anthropic moves towards IPO, stepping up race with OpenAI
The IPO market has regained momentum in recent weeks, with companies raising US$87.5 billion to May 26
MiniMax plans China IPO as it eyes local rivals like DeepSeek
It is part of a group of Chinese AI firms racing to build and commercialise large language models
Anthropic tops OpenAI to become the world’s most valuable AI startup
The San Francisco company has also unveiled a new flagship AI model, Claude Opus 4
YouTrip plans entry into two more markets, launches new family offering in Singapore
Children’s accounts allow parents to cap and track spending – including while overseas
AI unlikely to lead to ‘jobs apocalypse’, OpenAI CEO Altman says
An irreplaceable ‘human part’ of work remains even as AI expands across industries, Altman believes
Anthropic nears US$30 billion funding round to top OpenAI as most valuable AI startup
Each co-lead investor plans to inject roughly US$2 billion
DeepSeek founder declares artificial general intelligence goal as 70 billion yuan funding round advances
The state vehicle’s involvement underscores the importance that Beijing is attaching to the startup
OpenAI is preparing to file for an IPO in the coming weeks
The company is confronting heightened competition from the likes of Anthropic and Google
Chinese AI firms push beyond Nvidia as DeepSeek turns to Huawei
The Chinese tech giant has said that it plans to release a chip for training this year
GIC, BlackRock funding makes Skyroot Aerospace first space unicorn in India
Investment arrives at a pivotal moment as space-tech firm prepares for maiden flight of Vikram-1
