BlackRock tokenized money market funds are being prepared as institutional interest in blockchain-based Treasury products continues rising. The planned funds would provide tokenized exposure to short-term U.S. government securities and expand BlackRock’s growing digital asset business, which already includes its multi-billion-dollar BUIDL Treasury fund launched with Securitize.
Alibaba Tencent AI costs are rising as both companies increase spending on artificial intelligence infrastructure. Analysts expect slower earnings growth as higher investment in data centres and computing systems pressures margins. The trend aligns with global technology companies increasing AI-related spending amid growing demand for computing power.
Moonshot AI funding is in advanced talks for a Meituan-led round of about $2 billion valuing the Kimi chatbot developer above $20 billion. Reported by Bloomberg and others, the deal reflects continued investor focus on artificial intelligence startups building long-context and generative AI systems.
Insurance startup Corgi has raised $160 million in a Series B funding round led by TCV, bringing its valuation to $1.3 billion. The company, founded in 2024, provides cyber insurance and liability coverage tailored for startups and technology firms. Corgi said the latest funding will support expansion into new sectors and strengthen its AI-powered insurance operations.
SAP has announced a $1.16 billion investment in a German AI lab alongside its acquisition of Dremio. The move focuses on improving enterprise data access and AI integration, as global spending on artificial intelligence is projected to exceed $500 billion by 2027, according to IDC.
China blocks Meta AI deal with Manus following regulatory concerns over data security and technology transfer. The decision reflects tighter oversight of cross-border AI investments as global spending grows, with major economies taking different approaches to artificial intelligence development and partnerships.
Freshworks layoffs will affect around 500 employees as artificial intelligence reduces routine roles in coding and operations. The company reported steady revenue growth but faces margin pressure, prompting restructuring. The move reflects a broader industry trend as software firms adjust workforce needs amid rising automation.
OpenAI IPO planning included internal discussions on separating robotics and hardware units from its core AI business. The proposal, reviewed in late 2025, was not implemented. The company continues to operate all divisions while reporting strong revenue growth and expanding presence in the global AI market.
AI model oversight is being discussed as officials consider reviewing advanced artificial intelligence systems before public release. The proposal focuses on security risks, with thresholds under evaluation. The move aligns with rising global AI investment and regulatory developments across regions adopting risk-based and principles-led frameworks.
Linkerbot valuation is set at $6 billion as the company develops robotic hands for industrial and humanoid applications. Rising global automation demand and increasing robot installations highlight growing interest in hardware that enables machines to perform precise, real-world tasks.
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