Zhipu AI Completes B-4 Round Financing with Investments from Tencent and Alibaba


Singapore-based video generation startup PixVerse announced a $439 million Series C round, reaching a valuation over $2 billion. Investors include Alibaba, Lollapalooza Capital, and Lion X Ventures of OCBC. The initial Series C was led by CDH Investments in March. Funds will support global model services, team expansion, and enterprise globalization.....
Tencent is negotiating to become the largest shareholder of Singapore AI startup Manus, after Meta's $2B acquisition was ordered revoked. Existing backers including Tencent, ZhenFund, and Sequoia China plan to support the revocation at the same valuation, with Tencent subscribing for the most shares and possibly retaining a minority stake.....
Tian Yonglong, a former researcher at OpenAI, has joined Tencent's Large Language Model Department, focusing on the development of visual language models. This move is seen as a key recruitment for Tencent to strengthen its multi-modal large model strategy, highlighting the intense competition for cutting-edge talent.
Alibaba issued an internal ban to discontinue all Claude products from Anthropic by July 10, including models like Sonnet, Opus, Fable, and agents like Claude Code. Previously, Alibaba had allowed external AI use with free quotas and reimbursements to accelerate intelligence, hinting at a strategic shift.....
Alibaba open-sources the page automation tool Page Agent, which uses DOM dehydration technology to shift browser operations from external control to direct execution within the page, no longer relying on tools such as Selenium, achieving more efficient automation processes.