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Foundation model startups, memory-chip makers and established internet giants are accelerating fundraising and IPO plans as they chase Silicon Valley-sized valuations
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The Caixin Must-Read newsletter brings you the best of our coverage from the past week. If you find it valuable, please share it and invite others to subscribe.

Foundation model startups, memory-chip makers and established internet giants are accelerating fundraising and IPO plans

Explosive demand for the foundational unit of AI processing has forced tech giants and startups into a battle over pricing,…

Dozens of startups are racing to list with billion-dollar valuations, but fragmented training data and sky-high deployment costs…

Foundation model startups, memory-chip makers and established internet giants are accelerating fundraising and IPO plans as they…

Chinese cloud companies and server facility operators are expanding across Malaysia, Thailand and Indonesia, seeking faster…

Driven by AI’s huge thirst for energy, China is moving data hubs to the desert and testing virtual power plants to synchronize…