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Articles Tagged “Ai Investment

2 articles found

Stock Trading

OpenAI Closes $120B Round at $850B Valuation — History's Largest Private Raise

OpenAI's total fundraise reaches $120 billion after CFO Sarah Friar confirmed an extra $10B injection, lifting the AI lab's valuation to approximately $850 billion.

Jake Trader
Jake TraderMar 26, 20263 min read
AI

Xiaomi Pledges $8.7B AI Investment, Launches MiMo-V2-Pro Rivaling Frontier Models

Xiaomi CEO Lei Jun commits 60B yuan to AI over three years and unveils MiMo-V2-Pro, a 1T parameter reasoning LLM approaching frontier benchmarks at a fraction of the cost.

Dr. Nova Chen
Dr. Nova ChenMar 24, 20264 min read