Analysis
The model would be more than three times the size of Moonshot AI’s Kimi K3.
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Venture Capital
The US startup emerged from stealth two years after it was founded.
In contrast, several high-profile primary buyouts have continued to progress.
Deals
KV Asia is currently raising its third fund with a target of $280m.
The project is being led by US-based AI startup Bitgrit and Japan’s S2.
World
The hacking attempts have caused a stir on Wall Street.
Rest of Asia
Government aims to steer state pension funds to increase domestic investments.
Greater China
DeepSeek is among the strategic investors in the IPO.
It received 933,399 Unitree shares, representing 2.31% of the allocated shares.
Monolith Management is in talks to participate, sources told Bloomberg.