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AI drone maker Tekever raises $580M at $6.4 billion valuation
Startups & Business

AI drone maker Tekever raises $580M at $6.4 billion valuation

The Portuguese-British company behind AI surveillance drones used in Ukraine closes a $580M Series D led by UC Investments and Baillie Gifford — one of Europe's largest defense-tech raises ever.

Reuters
defense-aifunding
Alibaba unveils Zhenwu V900, calling it China's most powerful AI chip

Alibaba unveils Zhenwu V900, calling it China's most powerful AI chip

The V900 delivers triple the performance of its predecessor with 216GB of memory and 1,200GB/s inter-chip bandwidth, part of a broader plan for 10-trillion-parameter models and 20GW of data center capacity by 2032.

Reuters / Alibaba Apsara Conference
semiconductorsai-chip