Funding

Meta issues new shares to fund AI push

Meta announced the issuance of non-voting shares to fund AI infrastructure expansion and potential acquisitions, with trading starting in 2027. The company cites the massive investment scale required to sustain growth and compete effectively.

Summarized by AI from one outlet

Source

Latest

  1. Funding

    Zhongke Huiling Closes Hundreds of Millions Yuan A++ Round

    Zhongke Huiling completed an A++ funding round of several hundred million RMB, with orders for its shoe-making robots exceeding 400 million RMB. The funding will support scaling mass production and delivery capabilities in the embodied intelligence sector, signaling commercial maturation of the field.

    InfoQ 中文

  2. Funding

    Wall Street Traders Build Data Centers for AI

    High-frequency trading firms like Jane Street are building data centers and investing in chip startups to secure AI computing power, prioritizing infrastructure to maintain their trading speed advantage.

    THE DECODER

  3. Funding

    BMS Leads $237M Funding for Pathos AI

    US AI pharma startup Pathos AI closed a $237M Series E funding round, reaching a $3B post-money valuation, led by major pharmaceutical company BMS. The funds will support Alzheimer's drug research, highlighting AI's application potential in biomedicine.

    iThome

  4. Funding

    Approaching.AI completes 1.3 billion RMB Series B funding

    AI Token producer Approaching.AI announced it has completed a Series B funding round of over 1.3 billion RMB, with multiple investors leading and following. The funds will be used to expand high-quality AI Token production and R&D, as the company reported a tenfold growth in key metrics over six months, accelerating domestic compute delivery.

    雷峰网量子位2 outlets

  5. Funding

    Toyota expands robotics strategy; Walden Robotics raises $300M

    Toyota is developing its robotics division, planning to deploy 400,000 robots and invest $6.4 billion in automation. Its spinoff Walden Robotics raised $300 million at a $1.1 billion valuation, aiming to compete with Tesla and Chinese firms.

    IT之家

All news → · All rights belong to the original creators