Chinese AI startup DeepSeek is preparing to raise about $7.4 billion in its first external funding round, potentially valuing the company between $51 billion and $59 billion. Major investors expected to participate include Tencent, which may invest around 10 billion yuan, and battery maker CATL, considering a 5 billion yuan commitment. The fundraising round could close within weeks, with founder Liang Wenfeng personally contributing 20 billion yuan. DeepSeek has gained international recognition for its AI models, challenging assumptions about China's AI capabilities, and this funding will support its growth and innovation.
Levicept Ltd revealed Phase II clinical trial data for LEVI-04, a novel osteoarthritis treatment, at the EULAR 2026 conference. The data suggest LEVI-04 not only relieves pain but may also modify the disease by reducing bone marrow lesions linked to ...
Czechoslovak Group (CSG) has secured contracts worth tens of millions of euros to supply mechanical and electronic fuzes for large-calibre ammunition to two NATO member countries in Europe. The contracts highlight growing European demand for critical...
The global protein supplements market is projected to grow from $30.3 billion in 2026 to $43.98 billion by 2031, at a CAGR of 7.74%. Growth is fueled by rising fitness participation, expanding consumer base beyond athletes, demand for convenient nutr...
The global photomask market, essential for semiconductor chip production, is projected to grow from $5.37 billion in 2025 to $8.19 billion by 2035 at a CAGR of 4.31%. Growth is fueled by rising semiconductor complexity, AI, 5G, IoT applications, and ...
The US military launched strikes on an Iranian ground control station on Qeshm Island near the Strait of Hormuz in retaliation for Iran's failed missile attacks on Kuwait and Bahrain. This action caused Dow futures to fall slightly while oil prices c...
