6 place 0
Junyang Lin, former lead researcher of Alibaba’s Qwen models, is seeking to raise several hundred million dollars for his new AI lab, according to two people with direct knowledge of the matter.
The new AI lab will likely be valued at around $2 billion after the funding round, the people said, adding that the discussions are ongoing and the final valuation could change. Chinese venture capital firms Gaorong Ventures and HongShan are in talks to fund the lab, the people said.
A newsletter a day!
You may get 10 most important news around midday in daily newsletter. Press the button and we will send you the most important news only, no spam attached.
LIKE us on Facebook so you won't miss the most important news of the day!
The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
0
A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
0
Amazon Prime Day 2026 has been impressive, with all-time low prices on Kindles, air fryers, smartwatches, robot vacuums and more, but the sale ends tonight, July 13, so hurry and grab those last-minute deals now. Read more ›
0 fresh
From inflators to flashlights, these Milwaukee tools can help you handle unexpected problems on the road, such as flat tires, dead batteries, and repairs. Read more ›
0 fresh
Detachment has a chilly reputation. In ordinary conversation, it can sound like emotional distance, cynicism or a slow retreat from the people and tasks that once mattered. At work, the word can sound even worse, as if an employee has stopped caring, stopped trying or quietly checked out. Occupational psychology uses the word in a ... Read more Read more ›
0 fresh
OpenAI just lost another leader of one of its safety teams. The company's safety and alignment teams have had high turnover in recent years. Read more ›
0 fresh
Shopping for a new laptop and wondering where the HDMI ports went? Discover the real reason manufacturers are forcing you to buy extra adapters. Read more ›
0 fresh
Gen Z isn't feeling superhero movies, but the current Ms. Marvel thinks the genre's not down for the count yet. Read more ›
0 fresh
China introduces mandatory solar efficiency standards that could remove outdated factories, reduce oversupply, and reshape competition across the photovoltaic industry. Read more ›
0 fresh
Lorde was performing at the Real Cool Festival in Madrid on Thursday and took some time during her set to speak out against AI glasses. While she didn't specify any brands in particular, it's likely she was taking a shot at festival sponsor Ray-Ban, which has collaborated with Meta on a pair of AI smartglasses. […] Read more ›
0 fresh
![[Перевод] Про киберугрозы со стороны генеративного ИИ](https://times42.com/media/2/9/1/12716291_640x200.jpg "[Перевод] Про киберугрозы со стороны генеративного ИИ")
Превращение генеративных моделей в самостоятельные сущности в информационных сетях ознаменовало начало совершенно новой эпохи внутри сферы информационной безопасности. Недавний аналитический доклад, опубликованный специалистами Фонда Карнеги, фиксирует крайне тревожную тенденцию: средства нападения становятся всё более независимыми от прямого контроля операторов. Читать далее Read more ›
0 fresh
In at least two places, Uber has pushed a policy that could give it an advantage over developers of self-driving cars. The company says it’s fighting monopolies. Read more ›
0 fresh
Powerful vehicles used to require powerful engines, but thanks to newer technology and improved efficiency, a 4-cylinder can perform just as well as a v6. Read more ›
0 fresh
Christopher Nolan says avoiding smartphones helps protect the quiet moments where his best ideas emerge, even if living without one has become increasingly inconvenient. Read more ›
0 fresh
Matmos are an incredibly accomplished duo between their own solo records like the masterpiece A Chance to Cut Is a Chance to Cure and production classic Bjork records like Vespertine. But Drew Daniel, one half of Matmos, is fiendishly prolific. When he's not literally dreaming up new viral music genres, he's also putting out records […] Read more ›
0 fresh
For years, Phone Link has felt like that one app everyone knows exists but rarely remembers to open. Microsoft apparently wants to change that. According to a report from Windows Central, the company is working on a major overhaul of how smartphones integrate with Windows 11, making phones feel like a native part of the […] Read more ›
0 fresh
Copilot+ PCs promise smarter Windows search, local AI tools, and longer battery life, though the badge comes with strict hardware rules and several important caveats. Read more ›
0 fresh
The Information
Tech IPOs are definitely getting more interesting. On the heels of last week’s debuts by Bending Spoons and Lime, this week we’ve got South Korean memory chip giant SK Hynix, which is expected to list on the Nasdaq on Friday, adding to its existing South Korean stock exchange listing. Hynix will raise money as part of the Nasdaq listing, making investor reception to the offering another indicator of the IPO... Read more ›
0
Alibaba Group and ByteDance will stop offering their chatbot apps’ features that enable users to create their own personalized AI agents, as Beijing prepares to enforce new rules on humanlike AI interactions. ByteDance’s Doubao, China’s most popular AI app by users, and its rival Qwen from ... Read more ›
0
Singaporean prosecutors filed new charges against one of the suspects in a case related to smuggling Nvidia chips from the Southeast Asian country to other destinations such as China. The case began in February 2025 and has since expanded, as prosecutors alleged that the suspects falsely ... Read more ›
0
Broadcom and Apple agreed to expand their “longstanding technology collaboration through 2031,” Broadcom said in a securities filing, adding that the companies had struck “new multi year” agreements for Broadcom to develop and supply custom chips for Apple to use in various products. Apple has ... Read more ›
0
The world’s largest companies may not be hurriedly replacing traditional enterprise applications with vibe coded alternatives, but some smaller firms are. Greenleaf Management, an Atlanta-based real estate property and investment manager with about 55 employees, saved around $100,000 annually by replacing Salesforce’s customer relationship management software with a custom application developed using AI tools from startup Replit and Claude Code, said Dave Codrea, a partner at the company. The new... Read more ›
0
Microsoft is laying off 4,800 employees, primarily in its Xbox and sales units, chief people officer Amy Coleman said in a memo to staff Monday. Coleman said that the cuts in sales were due to reorganizations as Microsoft shifts its business to focus more on AI products, including the creation ... Read more ›
0
A little-noticed spat between two startups over their highly similar marketing videos is fueling concerns about AI's impact on creativity.Higgsfield AI, the video generation startup, has been getting buzz lately. My colleagues Valida and Julia reported last week that Higgsfield is raising $300 million to $500 million at a $5 billion valuation, excluding the new funds. And the company recently announced an integration with Claude Code, allowing the Anthropic coding... Read more ›
0
At this year’s Milken Institute Global Conference, the discussions around enterprise AI had shifted. The question among executives was no longer if AI would pay off, but how. Many talked less about proving ROI and more about positioning their companies to capture it. That tension—between AI’s capabilities and organizations’ capacity to keep up—was evident everywhere, from panel discussions to a private dinner co-hosted by Aily Labs founder and CEO Bianca... Read more ›
0
DETROIT—In mid-June, a few days after the SpaceX initial public offering made him billions, tech investor Antonio Gracias returned to his hometown of Detroit to address a room filled with Rust Belt manufacturers. The proprietors were mostly tech transplants who had come to the Midwest to buy up industrial plants and install AI on the factory floor.“It’s not true that you can’t make things in America,” Gracias said to encouraging... Read more ›
0
Mercor hit over $2 billion in gross revenue run rate in June, double its pace earlier this year, according to a person with direct knowledge of the company’s financials. The growth comes from increased demand from AI app developers and Fortune 500 customers looking to build their own or ... Read more ›
0
Most popular sources
Startups News
|
0% |
Financial Times
|
0% |
ScienceDaily
|
0% |
Startup News
|
0% |
Inc42 Media
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
12.07.2026 16:54
Last update: 16:35 EDT.
News rating updated: 23:40.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.
