The S&P 500 gained 0.7% and the Nasdaq 1% as Amazon jumped 15.3%, while Brent at $87.93, a 4.71% Treasury yield and extreme Korean chip volatility kept inflation and AI valuation risks in view.
The Series A led by Seligman Ventures takes total funding above $21 million and supports a two-model architecture that pairs a specialized conversational engine with a larger model for complex queries.
SpaceX and Tesla lost more than $1.2 trillion of combined market value in July, turning investor attention from ambitious growth platforms to margins, cash generation and the cost of artificial-intelligence infrastructure.
The defense-technology company is evaluating capital options that could lift its valuation from $61 billion to about $100 billion, but it says no terms, structure, price or timing have been decided.
U.S. futures rebounded on divergent Microsoft and Meta results, while South Korea’s Kospi extended a two-day AI-driven selloff and Treasury yields reflected a divided Federal Reserve.
Bessemer led the Series B, bringing total funding to $153 million as the two-year-old company expands proprietary models and enterprise sales after reporting fourfold revenue growth since leaving stealth.
The Kospi closed 10.8% lower as Samsung and SK Hynix fell more than 13%, spreading semiconductor losses across Asia and the Nasdaq even while most non-chip U.S. stocks advanced.
A $300 million Series C led by Sequoia values Etched at $10.3 billion, backed by $1 billion of booked orders, first client tests and a new 10-megawatt facility—but mass delivery remains the central risk.
U.S. equities ended a divided session as Brent retreated below $100, technology shares weakened and investors weighed a tariff-driven inflation shock against the prospect of higher interest rates.
The Shanghai GPU developer is preparing for a possible listing by year-end with Huatai International, but the offering remains unannounced and its terms have not been disclosed.
Dassault Systèmes confirmed its 2026 outlook after second-quarter revenue growth and announced a $1.8 billion cash acquisition of U.S. life-sciences software company ArisGlobal, with a further contingent payment tied to AI revenue targets. The deal strengthens a pressured life-sciences segment.
Senator Elizabeth Warren accused major AI companies of trying to use North America's trade pact to narrow regulatory access to model information and source code, opening a new public-affairs dispute over transparency, trade rules and corporate oversight.
