News linked to both this project and an event.
US construction robotics startup Bedrock Robotics announced the completion of a $600 million Series C funding round, bringing its post-money valuation to $4.1 billion, a significant increase from the $1.75 billion valuation at its financing in February this year, as cumulative funding approaches $1 billion. The round was co-led by CapitalG and Emergence Capital, with participation from Valor Equity Partners, 8VC, NVIDIA's venture capital arm NVentures, Eclipse, Georgian, Perry Creek Capital, Temasek, and others.
Chinese AI startup Moonshot AI will release the model weights of its high-performance model, Kimi K3. Developers can download the model, modify it for various purposes, and run it in their own data centers or cloud environments.Kimi K3 boasts 2.8 trillion parameters and a 1 million token context window, enabling it to process large-scale documents and codebases in a single pass. Moonshot AI plans to later publish a technical report detailing the model's architecture, training methodology, and performance evaluation results.Following the release of Kimi K3, Moonshot AI's daily revenue is reported to have increased by at least 6 times. The company is reportedly advancing a new round of fundraising at a $50 billion valuation and is considering a Hong Kong listing as early as this year.According to Bloomberg Intelligence, following the release of Kimi K3 and Z.AI's GLM-5.2, the share of Chinese open-weight models in overall token usage has risen to 68%. Services like AWS Bedrock, Microsoft Azure Foundry, and Google Vertex AI currently do not offer Chinese open-weight models such as Kimi K3 and GLM-5.2.