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Swedish AI coding startup Lovable has raised $400 million in a Series C funding round led by Menlo Ventures and the Scaleup Europe Fund, doubling its valuation to $13.3 billion in just seven months as de
Alibaba has launched its new Zhenwu M890 AI processor as China intensifies efforts to reduce dependence on foreign semiconductor technology. The chip reportedly delivers three times the performance of it
The U.S. government has approved the export of Nvidia H200 AI chips to several major Chinese technology companies, including Alibaba, Tencent, and ByteDance. The decision marks a major development in glo
Tencent's market value rose by 300 billion as WeChat boosted its search capabilities with the leading DeepSeek search.
