Chinese AI startup DeepSeek, based in Hangzhou, is said to be raising fresh capital that would value the company at roughly $74 billion. The funds are intended to support research and development along with an expansion of its computing infrastructure.
wsj.com
· 2026-08-27
Unitree Robotics released footage of its headless humanoid, Superman, jumping 6.5 feet and sprinting over 28 mph, both exceeding known human records. Two days later the Hangzhou company debuted on Shanghai's stock exchange, with shares spiking 629% above the offer price and pushing its intraday valuation near $66 billion before settling at $50.8 billion.
fastcompany.com
· 2026-08-24