Kling AI closes B round at B valuation as Alibaba and Tencent back China’s Sora rival: report — TFN

Kling AI closes $3B round at $18B valuation as Alibaba and Tencent back China’s Sora rival: report — TFN

Kuaishou’s AI video unit Kling AI has closed a fundraising spherical of practically $3 billion, backed by Alibaba, Tencent and Baidu, at an $18 billion post-money valuation Kling AI’s first-quarter income hit 650 million yuan ($96 million), up over 300% yr on yr, with its annualised run charge reaching $500 million in March The spherical... Read More

Finance

July 3, 2026

$2.5B to own AI implementation instead of selling it — TFN

Microsoft is investing $2.5 billion and embedding 6,000 workers into Microsoft Frontier Firm to implement AI inside shopper companies. Amazon, OpenAI and Anthropic have launched comparable ventures since Might 2026, value a mixed $6.5 billion. The shift places funded startups resembling Riplo, Xavier AI, Duvo, and Lyzr AI in competitors with, or dependence on, the... Read More

Finance

Crusoe to triple valuation to B as AI infrastructure race heats up: report — TFN

July 3, 2026

Crusoe to triple valuation to $30B as AI infrastructure race heats up: report — TFN

Crusoe is in talks to boost $3B at a $30B valuation, almost tripling its October 2025 valuation The Denver agency pivoted from flared-gas crypto mining to proudly owning full AI information centre campuses Its full-stack mannequin, proudly owning energy, development and cloud ops, units it other than rivals AI infrastructure startup Crusoe is reportedly in... Read More

Finance

July 3, 2026

New Biweekly GLP-1 Shot Lowers Blood Sugar, Supports Weight Loss

Share on PinterestA brand new biweekly GLP-1 injection has been proven to considerably cut back blood sugar in a medical trial. Picture Credit score: Hannes P Albert/image alliance by way of Getty Photographs A brand new GLP-1 remedy demonstrated efficacy in lowering blood sugar in individuals with sort 2 diabetes in a part 2b medical... Read More

Health & Wellness