Biren’s $717M Hong Kong IPO: China’s AI chip bet goes public
What Changed and Why It Matters Biren, a Shanghai AI chip designer, went public in Hong Kong after raising about $717 million. The stock priced at HK$19.60 and surged on…
Inside Seattle’s AI House: 21 startups, $34M, and a civic playbook
What Changed and Why It Matters Seattle quietly turned a public space into a working AI engine. In its first year, AI House helped 21 startups raise $34 million and…
AI mega-rounds rewired 2025 venture: record funding, new moats
What Changed and Why It Matters AI didn’t just lead 2025 funding—it concentrated it. Mega-rounds reached record scale, and AI absorbed a historic share of venture capital across the U.S.…