Pre · 1127

Fortune Protocol announced the completion of multiple rounds of financing, with a cumulative financing amount exceeding US$4 million

Comparing news, AI+ forecasting market project Protocol officially disclosed the latest financing information. The project has previously completed multiple rounds of financing, including the Seed round and Pre-A round, with a cumulative financing amount exceeding US$4 million. According to reports, participating institutions include K24 Ventures, CGV FoF, MH Ventures, Mapleblock Capital, etc. Protocol said that this round of funding will mainly be used to promote the technological upgrading of AI agents, the integration and expansion of predicting market liquidity, and ecosystem construction. As TGE approaches, Protocol is committed to building an intelligent infrastructure for the next-generation forecasting market and driving the industry towards a more intelligent, efficient, and open direction.

1d ago#financing

Multicoin Capital Co-Creation: Pre-IPO perpetual futures should be launched to allow ordinary US investors to share the AI wealth feast

Comparing news, the first US CFTC Innovation Advisory Committee was held this morning. Multicoin Capital co-founder Tushar Jain put forward three suggestions at the meeting. First, it provides a safe haven or innovative exemption mechanism for emerging markets such as computing power derivatives, and allows developers to test new products and business models under a compliance framework. Second, support DeFi's adoption of compliant privacy and confidentiality tools to ensure the privacy of institutional investors' transactions while providing sufficient transparency for regulators to identify and manage systemic risks. Third, support the launch of pre-IPO perpetual futures (pre-IPO perpetual futures), so that ordinary US investors can participate in wealth growth in emerging industries such as AI, and avoid being excluded due to restrictions on private equity market access, or being forced to participate indirectly through special purpose carriers (SPVs) that lack transparency. At the same time, Jain said that he also had discussions with US Securities and Exchange Commission (SEC) Chairman Paul Atkins on the same day, and said he is optimistic about regulators promoting financial innovation and the future development of the US.

1d ago

Humanoid intelligence company Current Robotics revealed cumulative financing of hundreds of millions of yuan, Baidu and others participated

Comparative news. According to a report by the Science and Technology Innovation Board Daily, the humanoid intelligence company Current Robotics (Yuanliu) disclosed the financing progress for the first time: the company has successively completed seed round, angel round, and pre-A round of financing, with a cumulative total of hundreds of millions of yuan. The company's investors include financial investment institutions such as BV Baidu Venture Capital, Gaolin Venture Capital, Oasis Capital, Monolith Investment Capital, Qianhai Ark, Fosun Wealth Creation, and Junshan Capital, as well as industries such as Zhiyuan Robotics, Xinghaitu, and Polar Shell Technology. The financing will mainly be used to promote large-scale data collection of human whole body data, and focus on research and development of core technologies such as the full body dexterous operation base model and interactive world model.

2d ago#financing

MemeCore announces a $1 billion strategic deal with ZeroStack

Comparatively, MemeCore announced that its core team members have reached a $1 billion strategic deal with Nasdaq-listed crypto infrastructure asset management company ZeroStack (NASDAQ: ZSTK). According to the announcement, memeCore will contribute related assets to ZeroStack in exchange for ZeroStack shares and pre-financing warrants (pre-financing warrants). The deal aims to strengthen the connection between the memeCore ecosystem and the US open capital market and advance the development of decentralized AI, digital assets, and blockchain infrastructure. MemeCore said the partnership will further integrate its Meme economic ecosystem, decentralized AI applications, and digital asset infrastructure to support future ecological expansion and capital market financing. MemeCore previously launched a Layer 1 blockchain for the “Meme 2.0” economy, which focuses on connecting community-driven assets through the Proof of Meme (PoM) consensus mechanism. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

3d agoburnking

Gusen Intelligence Company Moushen Smart completed a pre-A+ round of financing of nearly 500 million yuan

Comparing news, Moushen Smart, an intelligent company, recently officially completed a pre-A+ round of financing of nearly 500 million yuan. In this round, leading state-owned funds reported to Yiben Fund, Orient Securities, Shaanxi Hi-Tech Industry Investment Co., Ltd., industrial investors Anyu Fund, Tianmeng Investment, and Jianyuan Tianhua Joint Investment; and old shareholders Chuanghehui Capital, Xuhui Capital, and Gengxin Capital overinvested. So far, Moushen Smart's valuation increased more than tenfold in the first half of the year, making it one of the fastest growing smart companies in the industry. (Science and Technology Innovation Board Daily)

3d ago

Ant Group's three independent divisions have launched external financing one after another, and the “AI takes charge, financial support” strategy has taken shape

Comparing news, Ant Group's three independent divisions, Ant International, OceanBase, and Ant Mathematics, have recently intensively initiated external financing. Among them, Ant International completed Series A financing of about 1.2 billion US dollars in July, OceanBase is seeking Series A financing of about 2 billion to 3 billion yuan, and Ant Digital is preparing a pre-IPO round of financing. All three companies operated independently in March 2024. People close to Ant said that this round of financing is more of a phased test of the effectiveness of the three companies' independent operations, and has not yet entered the preparation stage for listing. OceanBase's annualized revenue has exceeded 1.4 billion yuan, an increase of about 70% over the previous year; Ant Math's revenue for 2025 is about 5 billion yuan, and the target for 2026 is about 8 billion yuan. Ant International's 2025 revenue was approximately $3.75 billion. Since 2023, Ant Group has invested nearly 80 billion yuan in technology. The strategic focus has shifted from fintech to AI and data elements. The financial business is internally dubbed the department that “earns living expenses” for the AI business. Currently, Ant's overall valuation is about 592 billion yuan, down more than 70% from 2.1 trillion yuan on the eve of the 2020 IPO. Judging by the market, a spin-off listing is a more realistic path than the group's overall listing, but each sector still needs to prove its ability to acquire customers independently to open the capital market.

3d ago
Why is capital chasing AI Native and ignoring the old Internet

Why is capital chasing AI Native and ignoring the old Internet

Capital doesn't reward being old-fashioned, not because old-fashioned people are at fault. The old part is clearly priced. There is no bad information, so there is no excess profit. Global venture capital was $510 billion in the first half of 2026, surpassing $44 billion for the full year of 2025 in one and a half months. More than 70% have entered AI; OpenAI and Anthropic took 217 billion dollars, accounting for 43%. With that much money, you'd think everyone could share a little bit. The truth is that distribution is more extreme than total volume, and the first sieve doesn't screen the industry, it screens people. The category that has been screened out now has an unkind name: the internet is old. Let's just say one thing: the “old man” in this article has nothing to do with age. It refers to a set of methodologies that have been formed in the mobile internet cycle, have been tested over and over, and have brought huge returns to holders. The person holding it may be 45 years old or 32 years old. It was this methodology that was being repriced, not the year of birth. Confusing these two things is Lao Deng's most common mistake and one of the most comfortable mistakes — because if the problem is someone else's age discrimination, you don't need to change a single word. 01 What is AI Native The term has been misused. They can use ChatGPT not called AI native, nor AI in the company name, let alone in their twenties. There are three things that really separate people. First, the starting point is a model, not a requirement. The order in which Lao Deng makes a product is: look at what the user wants, write down the requirements, and find technology to implement it. The order of AI natives is reversed: first figure out what level the model is capable of today and what step it is likely to reach tomorrow, and then move from this capability boundary to the external product. The former uses the model as a tool, and the latter uses the model as the foundation. There was no difference between these two kinds of things made by humans in the first edition; by the third edition, there was a difference of one species. Article 2. The default unit of an organization is not a person. The division of labor in the Internet age is the division of one thing into ten people. AI Native's division of labor is to take ten things from one person and add a bunch of agents. The CEO of a domestic application company said that the team consists of less than ten people, but a large number of AI work at night, and the first thing employees do every morning is check the work the AI handed in the night before. Cursor's side is even more extreme. Public reports mention that the company doesn't have a product manager; engineers write their own code, talk to users themselves, and participate in recruiting people themselves. Article 3. Information is first-hand. AI Native's input sources are papers, model cards, GitHub issues, original discussions on X, and self-run evals. Lao Deng's input sources are industry summits, closed-door meetings, brokerage reports, interpretation of public accounts, and finding someone to drink coffee with. This one is the least obscure and most lethal; I'll talk about that separately later. I'm satisfied with all three. The 25-year-old is an AI native, and so is the 45-year-old. I'm not satisfied with the three rules; I'm still an old man at the age of 25. AI natives are a state, not an age group. The trouble is that tickets in this state are works, not resumes. 02 The two lists spread the results of this round on the table. These are two lists. The first one is an all-AI native company. Their valuations are not rising; they are exchanging orders of magnitude. List 1 · Upstream OpenAI raised $122 billion in a single round of financing in Q1 2026, followed by $852 billion, the largest private equity financing in history. Anthropic Q2 had a single round of $65 billion, after investing $965 billion, accounting for about half of the total global venture capital for the quarter; the revenue operating rate in May reached about $47 billion. DeepSeek raised about 70 billion yuan in its first round of financing in May 2026. In April of the same year, Liang Wenfeng raised his direct shareholding from 1% to 34%, and controlled a total of about 84.29% of the shares through related entities. The Dark Side of the Moon (Kimi) was estimated at $4.3 billion in December 2025; it went for three consecutive rounds from January to February 2026 to reach 18 billion; the D round in May was about $2 billion, breaking 20 billion dollars after the investment; the July round surpassed $3.5 billion, after investing 35 billion dollars; the pre-IPO target was 50 billion dollars. ARR broke 100 million in March, 200 million in May, and held steady at 300 million US dollars in June, with APIs accounting for more than 70%. Smart Spectrum · MiniMax successively landed in Hong Kong stocks in early 2026, with a market capitalization exceeding 100 billion yuan. It was one of the first major model companies listed in China. The second one...

4d agoWendy#AI #DeepSeek

HPC and TradeXYZ submit pre-IPO perpetual contract opinion letter to SEC

Comparatively, Hyperliquid Policy Center (HPC) and TradeXYZ jointly submitted an opinion letter to the US Securities and Exchange Commission (SEC) introducing pre-IPO perpetual contracts (IPOPs) and arguing that US investors should have the right to participate in such markets. According to the opinion letter, the opening of the Cerebras listing was 89% higher than the IPO price, SK Hynix was 14% higher, and SpaceX was 11% higher. Every time the open market on Hyperliquid gave a price signal before the official transaction began. TradeXYZ has launched 5 IPOP (initial public offering price options) markets on Hyperliquid. iOps is a cash-settled perpetual derivative. It refers to the expected public listing price of a private company. It is used for pre-listing price discovery. It does not represent shares, subscription rights, or any securities rights. In the letter, the parties set out the issues that the SEC needs to resolve before allowing such markets to serve US investors, and believe that IPO modernization can use this price signal for issuers and investors.

4d ago

Trade.xyz Shangyu Technology's pre-IPO perpetual contract broke through $106 in a short time in the early morning, reaching a record high

Comparing news, Trade.xyz's Unitree Technology (Unitree) pre-IPO perpetual contract briefly surpassed $106 early this morning, reaching a record high. The current price is $103.65, with a 24-hour turnover of approximately $12.25 million, and an outstanding contract of approximately $22.03 million. Earlier, Yushu Technology will be listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange on August 19, 2026, with the stock code 688836.

4d ago