Moonshot AI, creator of Kimi AI models, raises $500 million in Series C funding led by IDG Capital with backing from tech giants Alibaba and Tencent, pushing the Beijing-based company's valuation to $4.3 billion and cash reserves beyond $1.4 billion.
Zhipu AI launches groundbreaking $560 million Hong Kong IPO at HK$116.20 per share, set to become the first publicly traded large language model developer when it debuts January 8 with a massive HK$51.16 billion valuation amid soaring tech stock momentum.
SoftBank completes its massive $40 billion investment in OpenAI, securing an 11% stake in the AI powerhouse now valued at $260 billion, after selling its entire Nvidia position and acquiring data center company DigitalBridge to fuel its artificial intelligence infrastructure ambitions.
OpenEvidence secures $210M Series B funding at $3.5B valuation as its medical AI platform now serves over 40% of U.S. physicians daily across 10,000+ hospitals, handling 8.5 million clinical consultations monthly while launching DeepConsult™, the first AI agent designed specifically for autonomous medical research.
xAI's Grok 3 launches DeeperSearch on March 19 requiring up to six and a half minutes for detailed answers and Edit Image feature on March 22 for modifying pictures with text prompts, though both face speed and functionality limitations compared to competitors.
Google launches A2UI, an open-source protocol that revolutionizes AI-generated user interfaces by letting AI agents create secure, cross-platform UIs through JSON specifications instead of executable code, preventing security vulnerabilities while enabling real-time streaming updates across Angular, Flutter, React, and SwiftUI frameworks.
GitLab's former CEO Sid Sijbrandij launches Kilo Code's App Builder, a revolutionary tool that generates functional apps in minutes with usage-based pricing, challenging heavily-funded competitors like Lovable despite having only $8 million in seed funding versus their $500+ million war chest.
A staggering 95% of companies report zero returns on $40 billion in AI investments as organizations treat artificial intelligence like plug-and-play software instead of redesigning workflows, with only 5% of projects reaching production while back-office automation delivers the highest returns.
ChatGPT launches 'Your Year' wrapped feature in five countries, offering personalized awards, custom poems, and images to individual users while excluding business accounts from the Spotify-style annual review experience.
Lemon Slice secures $10.5 million in seed funding to launch its groundbreaking 20-billion-parameter AI model that transforms single photos into real-time digital avatars capable of livestreaming at 20 fps, challenging industry giants like D-ID and HeyGen in the rapidly expanding digital avatar market.