Tsinghua-spinout Puxi Guangjing closes a several-hundred-million-yuan Series C for extreme-environment power chips

Hangzhou Puxi Guangjing Semiconductor has closed a several-hundred-million-yuan Series C, 36Kr has learned. The round drew ten new state-owned and industrial-capital backers, among them Zhejiang Jiahe Changyue, Chengdu Innovation Venture Capital, the Shanghai Semiconductor Equipment and Materials Industry Investment Fund, Shandong Caijin and Guizhou Guochuang. The proceeds will fund the next generation of gallium-oxide power … Read more

Dagu Robot raises $400 million to sell the picks and shovels of the robot age

On 17 September D-Robotics, known as Dagu Robot, closed a $400 million Series C. Mirae Asset led the round, with Meituan Strategic Investment and institutions including Hefei Guotou, Nanshan Venture Capital, Jingquan Capital and Cathay Capital following on. More than twenty existing shareholders, among them Hillhouse, 5Y Capital, Temasek’s Vertex Growth and Aramco’s Prosperity7, added … Read more

Anthropic and OpenAI chiefs warn the UN that AI could threaten humanity

On 24 September, according to Fox News, the chiefs of the two leading AI firms warned the United Nations Security Council that fast-moving AI could threaten humanity unless governments and companies keep it under human control. The session came during rising worry about ever more capable systems. Anthropic chief executive Dario Amodei said AI holds … Read more

OpenAI and Anthropic cut prices as the frontier-AI market tightens

On 22 September in US time, Anthropic released Claude Opus 5.5, and about ninety minutes later OpenAI launched GPT-6 Sol and GPT-6 Luna. Both made low price the selling point. GPT-6 Sol cut input and output tokens per million to 2 dollars and 10 dollars, half the prior GPT-5.6 Sol, and OpenAI called it a … Read more

Qualcomm’s 2nm Snapdragon dual flagships bring 30-billion-parameter AI to the phone

At the Snapdragon Summit 2026 in Maui on 22 September, Qualcomm unveiled two flagship mobile chips built on a 2-nanometre process, the sixth-generation Snapdragon 8 Super Elite and the sixth-generation Snapdragon 8 Elite. This is the first time the flagship line has shipped two Elite platforms at once and the first use of 2-nanometre in … Read more

DeepSeek publishes a Liang Wenfeng-signed paper on training AI agents at scale

On 23 September the Chinese lab DeepSeek made public a paper bearing founder Liang Wenfeng among its more than 130 authors, submitted on 19 September. The paper gives the first full technical account of DSec, short for DeepSeek Elastic Compute, the sandbox platform that trains AI agents at scale. DSec first appeared in the DeepSeek … Read more

Chixin Semiconductor closes an over-200-million-yuan A+ to scale UWB spatial-perception chips

Changsha Chixin Semiconductor Technology has closed an A+ round of more than 200 million yuan, a new high for a single financing in the physical-AI spatial-perception chip track. The round was led by Shanghai Yanpu Precision Technology Group, with Hunan Jinxia Shengshi Equity Fund, Shanghai Quectel Communications and Changsha Lushan Investment Holding Group joining. The … Read more

Fabless Top 10 Reshuffles as Nvidia Takes 64 Per Cent of Q2 Revenue

18 September 2026. TrendForce’s second-quarter 2026 global Fabless TOP 10 shows the top ten combined revenue of US$141.45 billion, up 73 per cent year on year. The 73 per cent climb is eye-catching but only a total. The more telling question is who grew, by how much and where. The reshuffle shows up clearly. TrendForce’s … Read more

China’s CXMT is reported to enter NAND flash, taking on Samsung, SK Hynix and Micron

On 19 September, according to overseas media citing three people familiar with the matter, ChangXin Memory is planning to enter the fast-growing flash-memory market. The sources said ChangXin intends to build a NAND flash research-and-development line at a new Beijing factory and has set up an institute in Beijing that includes NAND development. ChangXin Memory … Read more