# venture capital
Latest news and articles about venture capital
Total: 5 articles found
China’s Kimi Rockets to a $10–12bn Valuation After Two Rapid Funding Rounds Exceeding $1.2bn
Kimi, a Chinese AI startup also known as Yue Zhi Anmian, has raised over $700 million in a new funding round led by existing investors, bringing two consecutive financings to more than $1.2 billion and valuing the company at $10–12 billion. The deals signal strong investor appetite for large AI models in China and a scramble by tech giants to secure model supply, but commercialisation and regulatory risks remain significant.
China’s Chip Capital Rush: ¥83.5bn Pours into AI, Memory and Advanced Nodes as Investors Chase Self‑Reliance
From January 2025 to early February 2026, China disclosed ¥835 billion in financing for its integrated circuit industry across 1,197 deals, with capital concentrating in AI chips, high‑end memory and advanced process nodes. Large rounds, state‑linked investors and strategic bets on upstream materials and equipment indicate a coordinated push to accelerate semiconductor self‑reliance.
Gulf States Poised to Ride a New Wave of AI and Tech Investment
At SEF2026 in Sharjah, venture capitalists signalled that Gulf countries — buoyed by low energy costs, proactive regulation and growing AI education — are entering a new phase of technology investment. Saudi Arabia led the region in deal value in 2025 and has launched funds targeting early-stage biotech, reflecting its Vision 2030 diversification agenda.
SoftBank Eyes Giant $30 Billion Top-Up to OpenAI — A High‑Stakes Bet in the AI Arms Race
SoftBank is reportedly negotiating to invest up to $30 billion in OpenAI, a potential marquee financing that would deepen the capital race among AI developers. The move would expand OpenAI's resources for compute, talent and product rollout while raising governance and regulatory questions for both companies.
SoftBank Eyes Up to $30bn Bet on OpenAI as Valuation Nears $830bn
SoftBank is negotiating a potential investment of up to $30 billion in OpenAI that could value the company at about $830 billion. The move would mark one of the largest private bets on an AI firm, accelerating compute and product expansion but raising questions about valuation sustainability, market concentration and regulatory scrutiny.