Industry
Alibaba Bets $293 Million on ShengShu: The Chinese Startup Building 'World Models' That Could Unlock the Next AI Revolution
Alibaba leads $293M investment in Chinese startup ShengShu, betting on "world models" that understand physical reality — the next frontier beyond large language models....
2026-04-11
Industry
ByteDance's Seedance 2.0 Lands in the US: The AI Video Tool That Terrified Hollywood Is Here
ByteDance's Seedance 2.0 AI video tool, which triggered legal threats from Hollywood studios in February, officially launched in the US today through a partnership with Oracle and CapCut....
2026-04-10
Policy
The Anthropic "Mythos" Scare: Why the US Government Just Called an Emergency Meeting Over AI
Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an unprecedented emergency meeting with Wall Street bank CEOs over cybersecurity risks posed by Anthropic's new "Mythos" AI model....
2026-04-10
Infra
Meta Drops $21 Billion on CoreWeave: The AI Infrastructure Arms Race Just Went Nuclear
Meta commits $21 billion to CoreWeave through 2032, bringing their total partnership to $35 billion in the largest AI infrastructure deal of 2026....
2026-04-10
Industry
China's AI Champion Just Open-Sourced Its Best Model Yet — And It's Gunning for OpenAI's Crown
Zhipu AI released GLM-5.1 as open-source MIT license, raised prices 8-17%, and continues to undercut Western competitors by 70-80%. Founded by Tsinghua researchers, now valued at $6.7B after January 2026 IPO....
2026-04-09
Industry
The Great AI Proprietary Pivot: Meta and Anthropic's Billion-Dollar Bets
Meta and Anthropic both pivoted to proprietary models this week, ending the open-source AI era. Meta spent $14.3B on Scale AI for Muse Spark, while Anthropic restricted Mythos to 12 elite partners....
2026-04-09
Infra
Alibaba 10,000 AI Chip Data Center: China's Biggest Move for Tech Independence
Alibaba unveils 10,000 Zhenwu AI chip data center with China Telecom. The largest domestic deployment in history signals China's push for semiconductor independence and challenges Nvidia's dominance in AI hardware....
2026-04-09
Infra
Intel TeraFab Partnership: Inside Elon Musk's $100B AI Chip Factory Plan
Intel announced it will join Elon Musk's TeraFab project to build a 1-terawatt AI chip factory in Texas. The partnership could reshape the global semiconductor industry and give Musk vertically integrated control over rockets, robots, AI models, and the chips that power them....
2026-04-08
Industry
Top 10 AI Companies in Singapore 2026: Asia's Tech Leaders Ranked
From GrabMaps to Biofourmis, Singapore's top 10 AI companies are transforming industries across Asia. With National AI Strategy 2.0, world-class infrastructure, and a thriving ecosystem, the Lion City has become the region's AI powerhouse....
2026-04-08
Industry
US AI Alliance vs China: OpenAI, Google, Anthropic Join Forces
US AI giants form unprecedented alliance to stop Chinese labs from cloning their models through distillation, while Anthropic overtakes OpenAI with $30B revenue and unveils Claude Mythos—a model too dangerous to release publicly....
2026-04-08