No Single King: Inside China’s Fierce Six-Way AI Race

$1 Trillion Anthropic IPO Is a Go. Here's Why I Won't Touch It

Anthropic is racing toward one of the largest IPOs in technology history, with private investors already pricing the Claude AI maker at staggering heights. But recent high-profile listings offer a cautionary tale that every excited investor should sit with before opening day.

No Single King: Inside China’s Fierce Six-Way AI Race

China’s AI model race is no longer led by one company. DeepSeek, Alibaba’s Qwen, are competing across reasoning, coding, multimodal AI and enterprise adoption.

‘Golden Age’ Dawns for Technology IPOs, Barclays Banker Says

The market for initial public offerings in the technology sector is entering what Barclays’ Jamie Turturici, head of TMT equity capital markets, called “a golden age” as a slew of companies head for public markets.

Another CSRC meeting; DeepSeek CEO comments; SAMR warns about "externalization of involution 内卷外化"; US-China; Strengthening social work

Today’s top items:1. CSRC Symposium on Party Building and Regulatory Work - According to a readout today, the China Securities Regulatory Commission “held a symposium on Party building and regulatory work to thoroughly study and implement Xi Jinping Thought on Party Building, conscientiously implement the decisions and arrangements of the Fourth Plenary Session of the 20th Central Committee, the Central Economic Work Conference and other importa…

The Rise of Moonshot AI and DeepSeek in China’s AI IPO Rush

Two of China's AI darlings are gearing up for IPOs in the near future. Moonshot AI, the Beijing-based startup known for its Kimi AI, is poised for a Hong Kong listing within the next six months. The company is finalizing a funding round that values it at over $30 billion and plans to raise additional capital after the IPO. Moonshot recently launched the K3, a 2.8 trillion-parameter model that outperforms U.S. frontier models. On the other hand, …