Meta Announces $95B Funding Plan
Meta announced a major funding plan of up to $95 billion to support its core businesses and AI development. The plan includes forward sales of common stock and preferred shares, with projected 2026 capital expenditures of $135 billion to $145 billion, funded through a mix of cash flow, debt, and equity.
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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.
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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.
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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.
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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.
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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.
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