XPENG names its robotaxi brand YOYO and opens signups in China
XPENG has branded its robotaxi service XPENG YOYO and opened invitation-code signups in China, widening access beyond employee-only testing.
DeepSeek closes in on $12B with Tencent and CATL on the ticket
The Chinese lab could raise as much as RMB 100B before restructuring for an early 2027 IPO.
Kuaishou’s Kling AI picks banks for a $1B Hong Kong listing
Kling AI has picked banks for a Hong Kong IPO that could raise at least $1B, Bloomberg reported.
Arena lands $200M to measure what AI agents actually do
The Series B values the AI evaluation company at $3.1B as agents move into production.
Gallatin AI raises $50M to forecast military supply shortages
Gallatin AI raised a $50M Series A to keep building Navigator, its platform for forecasting military supply needs.
Ultra Robotics bags $62M for a forklift-pronged warehouse arm
The warehouse robot maker raised $50M in Series A and $12M in seed for a machine that stocks and packs.
Quantum funding splits $575M across two rival architectures
Oratomic raised $475M and Universal Quantum netted over $100M, splitting $575M between two rival quantum architectures.
Isomorphic Labs chases a $50B valuation for AI drug discovery
Isomorphic Labs is reportedly raising at a $40B to $50B valuation for its AI drug discovery platform IsoDDE.
Ramp reaches a $60B valuation as agents take over the back office
Ramp has reportedly collected about $1.85B at a roughly $60B pre-money valuation as its products shift to agent-driven back-office work.
Oxide Computer lands $445M to build more racks than it can ship
Eclipse Capital led a $445M Series D for Oxide as demand for on-prem cloud hardware outruns its factory.
