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Filings: Chinese AI startups Zhipu and MiniMax report 2024 revenue of $44.4M and $30.5M, respectively, as both prepare for Hong Kong IPOs in the coming weeks (Bloomberg)

Bloomberg : Filings: Chinese AI startups Zhipu and MiniMax report 2024 revenue of $44.4M and $30.5M, respectively, as both prepare for Ho...

30 January 2025

Mark Zuckerberg says spending heavily on AI infrastructure is a "strategic advantage" and vows Meta will invest "hundreds of billions" in AI over the long term (Charles Rollet/TechCrunch)

Charles Rollet / TechCrunch:
Mark Zuckerberg says spending heavily on AI infrastructure is a “strategic advantage” and vows Meta will invest “hundreds of billions” in AI over the long term  —  U.S. markets panicked on Monday over speculation that DeepSeek's AI models would crush demand for GPUs, with Nvidia's stock dropping almost 20%.

Posted from: this blog via Microsoft Power Automate.

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