21 August 2026

Space data center startup Starcloud raised a $250M extension, at a $2.3B valuation, to its March $170M Series A; source: Nvidia invested $25M (Tim Fernholz/TechCrunch)

Tim Fernholz / TechCrunch:
Space data center startup Starcloud raised a $250M extension, at a $2.3B valuation, to its March $170M Series A; source: Nvidia invested $25M  —  Starcloud, a startup developing satellites that can perform AI inference in orbit, told TechCrunch that it has added a $250 million extension to its March $170 million Series A funding round.

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Kakao plans to spin off its chat app-based platform business into a new company tentatively named KakaoAI, which it expects to relist in Korea in 2027 (Reuters)

Reuters:
Kakao plans to spin off its chat app-based platform business into a new company tentatively named KakaoAI, which it expects to relist in Korea in 2027  —  South Korea's dominant chat app operator Kakao Corp (035720.KS) said on Friday it plans to spin off its chat app-based platform business …

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DeepSeek unveils an experimental version of its V4 Flash model that can understand visual prompts, saying it nears the performance of Anthropic's Opus 4.8 (Bloomberg)

Bloomberg:
DeepSeek unveils an experimental version of its V4 Flash model that can understand visual prompts, saying it nears the performance of Anthropic's Opus 4.8  —  DeepSeek unveiled an experimental AI model that can understand visual prompts, saying the tool nears the performance of an advanced model by US rival Anthropic PBC.

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Filings: China-based chipmaker YMTC's application to list its shares on Shanghai's STAR Market has been accepted, setting the stage for a $4.9B share sale (Reuters)

Reuters:
Filings: China-based chipmaker YMTC's application to list its shares on Shanghai's STAR Market has been accepted, setting the stage for a $4.9B share sale  —  China's leading flash memory chipmaker YMTC plans to raise 33 billion yuan ($4.91 billion) in its Shanghai IPO …

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Patreon announces new and overhauled features, including changes to its recommendation system to make it easier for smaller creators to get discovered (Jess Weatherbed/The Verge)

Jess Weatherbed / The Verge:
Patreon announces new and overhauled features, including changes to its recommendation system to make it easier for smaller creators to get discovered  —  The platform has an extensive roadmap of updates to build ‘a better internet.’  —  Patreon has announced a number …

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