Meta reportedly moves to unwind $2B Manus deal after Beijing’s demand
Meta starts dismantling its $2 billion Manus acquisition after Beijing ordered the deal reversed.
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China’s Moonshot AI raises $2B at $20B valuation as demand for open-source AI skyrockets
Moonshot's annualized recurring revenue topped $200 million in April, driven by rapid growth in paid subscriptions and API usage.
DeepSeek could hit $45B valuation from its first investment round
In just a few weeks of talks, DeepSeek's potential valuation has reportedly soared from $20 billion to $45 billion.