Ai

Investment

• DeepSeek • DeepSeek

  DeepSeek reportedly hires CITIC Securities for Shanghai IPO: Chinese AI startup DeepSeek has reportedly hired CITIC Securities to prepare for an initial public offering on Shanghai's STAR Market. The Hangzhou-based company aims to begin the IPO process this year, according to sources familiar with the matter.

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• Cognition AI Inc. • Cognition AI

  Cognition raises $2B at a $48B valuation as run-rate revenue nears $900M: Cognition AI Inc. has raised $2 billion in a new funding round, increasing the AI coding startup's valuation to $48 billion. The company's run-rate revenue reportedly grew to approximately $900 million, up from $492 million in May when it was valued at $26 billion.

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• Google • Google

  Google plans €13 billion Finland data center expansion for AI: Google is planning to invest more than €13 billion in Finland over two years to build three new data centers and expand an existing facility. The project represents the company's largest investment in Europe to date and is aimed at building out artificial intelligence infrastructure.

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• CloudNC • CloudNC

  CloudNC raises $20 million to scale precision manufacturing AI: London-based precision machining software company CloudNC has raised $20 million in a new investment round. The funding was led by Nimble Ventures, with participation from Calculus Capital and other investors. The capital will be used to expand the company's AI-assisted manufacturing software.

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