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Report: China-based Moonshot AI, maker of Kimi models, raised a $500M Series C at a $4.3B valuation led by IDG Capital, with Alibaba and Tencent participating (Iris Deng/South China Morning Post)

Iris Deng / South China Morning Post : Report: China-based Moonshot AI, maker of Kimi models, raised a $500M Series C at a $4.3B valuatio...

6 August 2024

Sources: Huawei, Baidu, and other Chinese tech companies have been stockpiling Samsung HBM chips since early 2024, in anticipation of US curbs on those chips (Reuters)

Reuters:
Sources: Huawei, Baidu, and other Chinese tech companies have been stockpiling Samsung HBM chips since early 2024, in anticipation of US curbs on those chips  —  Chinese tech giants including Huawei and Baidu (9888.HK) as well as startups are stockpiling high bandwidth memory (HBM) …

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