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Sources: Salient, which uses AI to automate loan servicing, raised $10M following a $60M Series A in June, pushing its valuation to ~$500M; its ARR hit $25M (Lily Mae Lazarus/Fortune)

Lily Mae Lazarus / Fortune : Sources: Salient, which uses AI to automate loan servicing, raised $10M following a $60M Series A in June, p...

25 March 2025

Since DeepSeek-R1's debut, Chinese companies like Baidu, DeepSeek, Tencent, Ant, and Alibaba have been flooding the market with low cost AI services and models (Bloomberg)

Bloomberg:
Since DeepSeek-R1's debut, Chinese companies like Baidu, DeepSeek, Tencent, Ant, and Alibaba have been flooding the market with low cost AI services and models  —  - China firms release 10 major releases or updates in two weeks  — Low-cost, open source models may undercut Valley firm profits

Posted from: this blog via Microsoft Power Automate.

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