Virtualitics Raises $37 Million for AI-Driven 3D Data Exploration


Nvidia reports fiscal Q2 earnings on the 26th, closing tech earnings season. As AI's most-watched chipmaker, results will sway sector sentiment, yet after past four beats, shares still averaged ~5% declines over 30 days. Funds are leaving chip/memory stocks on AI infrastructure concerns. Rubin and financing platform key; banks bullish but cautious.....
Tencent executive Tang Daosheng responded to the claim that Tencent is behind in AI, stating that the article was co-written with AI. He admitted that competitors have strong ToB presence and limited computing power has hindered the iteration of Hunyuan. There is anxiety within the company, but he believes AI has evolved from an execution tool into a partner for assisting thinking, emphasizing a long-term approach to challenges.
Alibaba priced an HK$80bn (US$10.2bn) placement on Aug 24, with net proceeds to fund full-stack AI and infrastructure. Nearly 3x oversubscribed, demand exceeded HK$200bn; sovereign and long-only funds took over 40%, with Middle East, Europe and Asia sovereign funds active. Chairmen added ~HK$120m.....
AI startup Anthropic, though unlisted, has seen its Polymarket odds of securing the largest global IPO in 2026 rise to 44%, closing in on SpaceX's 55%. Last week SpaceX led by a wide margin. Anthropic's rapid catch-up is drawing strong market attention.....
The first HomePod mini update in nearly six years may arrive this fall; delay due to waiting for next-gen Siri. New Apple TV 4K, full-size HomePod, and smart home displays are also postponed by AI delays, showing AI readiness now dictates Apple's hardware timing.....