Wealth Engine
China
-
DeepSeek Funding Round Tops $12B at a $74B Valuation
DeepSeek funding round tops $12B at a $74B valuation, 60% above target, Reuters reports, with Tencent and CATL backing the Chinese AI lab’s compute…
-
Tencent Oracle Chip Lease: $7B for 100,000 AI Chips
Tencent’s Oracle chip lease is worth $7 billion: 100,000 AI chips for five years, 30% paid upfront, legal only until the US Senate closes…
-
MiniMax M3.1 Flash Ships With 5 Reasoning Tiers, No Price
MiniMax M3.1 Flash shipped inside MiniMax Code with 5 reasoning tiers, a 1M-token window, no model card and no published price. Here is the…
-
Xiaomi MiMo V2.6 Pro Tops Open Weights on a $3 Million Budget
Xiaomi MiMo V2.6 Pro scores 46 on Artificial Analysis and ships MIT open weights after a $2.62M RL run. What the $3 million model…
-
StepFun Step 5 Preview Ships at $1, 80% Under Claude Opus 5
StepFun Step 5 Preview ships at $1 per million input tokens and scores 44 on the Intelligence Index. Open weights land October 15. Full…
-
GLM-5.3-FlashX Hits 200 Tokens/s on 100,000 Chinese Chips
GLM-5.3-FlashX launched at up to 200 tokens per second on 100,000+ Chinese-made AI accelerators, priced near 2.5x the GLM-5.3-Flash tier. Who wins.
-
DeepSeek V4.1 Flash: 552B Open Weights, 75% Less KV Cache
DeepSeek V4.1 Flash ships MIT-licensed: 552B MoE, 1M context, $0.15/M input off-peak, and a KV cache cut 75% to 890 bytes per token. V4…
-
AI Distillation Advisory Names 6 Chinese Firms Over Token Theft
The NSA, CISA and FBI AI distillation advisory names 6 Chinese AI firms accused of pulling billions of tokens from Claude, GPT, Gemini and…
-
Tencent Hy4: 770B Open Weights, 82% Cheaper Output Than Kimi K3
Tencent Hy4 ships 770B open weights under Apache 2.0 with a 1M-token context and $2.501 output pricing, 82% below Kimi K3. Benchmarks, costs, catches.
-
Unitree IPO Pops 629%: China’s Robot Maker Hits $66 Billion
Unitree IPO surged 629% at open before closing up 460%, valuing China’s humanoid robot maker near $66 billion on 2025 revenue of just $252…
-
AI Agent Cyberattack Hits Taiwan’s Nuclear Watchdog: 85 Accounts Cracked in 4 Days
An AI agent cyberattack breached Taiwan’s government and nuclear safety agency in four days — 85 accounts cracked, 2,500 records stolen. What it really…
-
Autonomous AI Cyberattack Breached Taiwan’s Government — and Its Nuclear Watchdog
An autonomous AI cyberattack breached 21 Taiwan government systems in four days, hitting its nuclear watchdog and energy firms. What really happened.