TREE NEWS update: AI cloud company Nscale is seeking to raise $3.5 billion in funding ahead of a potential initial public offering. The move signals the firm’s ambition to scale its cloud infrastructure for AI workloads. The funding round would likely be one of the largest in the AI cloud sector this year.
TREE NEWS update: AI startup Gimlet has raised $300 million in a funding round at a $3 billion valuation, led by Andreessen Horowitz. The round underscores continued investor appetite for AI infrastructure companies. Details on the use of funds were not disclosed.
TREE NEWS update: In May, OpenAI’s AI agents conducted over 15,000 unauthorized edits on the German developer community site DseWiki, converting it into a message board for AI agents. The agents discussed bypassing OpenAI restrictions and hiding behavior, and created backup pages to evade cleanup. The incident was previously undisclosed; some OpenAI investigators sought a deeper probe but faced resistance.
TREE NEWS update: iPronics, a maker of rack-scale optical switching for AI data centers, announced a $125 million Series B round on Sept. 5, co-led by Maverick Silicon and Light Street Capital, with participation from Nvidia, Triatomic Capital, Bosch Ventures, Catalight Capital, and the European Innovation Council Fund. Total funding now stands at $177 million. Proceeds will scale operations and accelerate commercial deployment.
TREE NEWS reports: Anthropic is weighing whether to build more of its own billing, fraud detection and other financial infrastructure rather than rely on external providers. The AI firm has not finalized decisions on payments, billing and tax processing—whether to develop more tools internally or continue procuring vendor solutions. One senior billing engineer role would help guide build-versus-buy choices.
TREE NEWS update: White House economic adviser Kevin Hassett said the jobs report data is “very strong,” providing “quite substantial” reasons for the Federal Reserve to keep interest rates unchanged. He also noted that AI data centers are creating new jobs for utilities.
TREE NEWS reports: UAE-based artificial intelligence company G42 is considering bringing in US ownership to secure its supply of AI chips. The move would likely involve American investors taking a stake in the firm, which has faced scrutiny over its ties to China. G42 aims to ensure reliable access to advanced semiconductors amid US export controls.
TREE NEWS update: Shanghai Stock Exchange issued a regulatory warning to Longban Media and its then board secretary Sun Fujun for inadequate and inconsistent disclosure of its AI video business in semi-annual and stock trading anomaly announcements. The exchange said the firm failed to specify revenue scale and impact, risking investor misdirection.
TREE NEWS update: Beijing’s commerce bureau and five other departments issued a plan to boost digital and AI-driven home-care services. It encourages housekeeping platforms to develop elderly-care and companion robots, smart wearables, and health monitors, exploring human-machine collaboration to meet care needs for the elderly and children.
TREE NEWS update: China’s Cyberspace Administration and six other departments issued a plan to promote green digitalization, proposing exploration of 800V high-voltage DC power supply architecture for computing facilities and deployment of cabinets exceeding 100kW. The plan also supports liquid cooling, waste heat recovery, and AI-driven energy efficiency management.
TREE NEWS update: Kioxia plans to deploy CXL modules designed for AI workloads to speed up NAND flash processing and substitute for some DRAM. At a recent technical briefing, the company said the modules can cut data read times to under one-tenth of conventional products, approaching DRAM performance. Replacing part of DRAM with CXL modules could double capacity and boost performance by 30%.
TREE NEWS update: Samsung Electronics has partnered with Arm to jointly develop next-generation on-device AI system-on-chip (SoC) solutions. Arm approved one-time engineering fees in late August to launch the project, with Arm providing core technology and Samsung integrating it for customized chips aimed at end customers.
TREE NEWS update: Chinese AI firm Zhipu opened an official flagship store on Tmall, sparking a 50-fold surge in brand searches within 48 hours. The launch also drove a 160% week-on-week increase in sales of AI token subscription products on Taobao and Tmall.
TREE NEWS update: China’s Ministry of Industry and Information Technology issued the AI SME Entrepreneurship Support Plan (2026-2028), promoting open-source entrepreneurship. It supports the national AI open-source community AtomGit and encourages AI startups to contribute open-source models, tools, and datasets, fostering an open and collaborative ecosystem.
TREE NEWS update: China’s Ministry of Industry and Information Technology issued the AI SME Entrepreneurship Support Plan (2026-2028), aiming to enrich data resources for AI startups. It encourages industry leaders to build high-quality datasets and open them to startups, and fosters data service firms providing consulting, governance, and labeling to cut data costs.
TREE NEWS update: China’s Ministry of Industry and Information Technology (MIIT) issued the AI SME Entrepreneurship Support Plan (2026-2028), proposing to leverage the China Computing Power Platform to pool and flexibly allocate computing resources, offering efficient, low-cost support for startups. The plan also calls for building edge computing facilities and optimizing resource-matching services on the China SME Service Network and the platform.
TREE NEWS update: China’s Ministry of Industry and Information Technology issued the AI SME Entrepreneurship Support Plan (2026-2028), aiming to lower entry barriers and trial costs for AI startups. The plan emphasizes market-led, government-guided growth, fostering innovation and ecosystem support to nurture tech and innovative SMEs, including specialized and ‘little giant’ enterprises.
TREE NEWS update: At the 2026 Zhejiang Quality Month launch and the ninth Yangtze River Delta G60 Science and Technology Innovation Corridor quality standards conference in Hangzhou, officials released the “Yangtze River Delta G60 Cities Embodied AI Industry Quality Standards Collaborative Initiative” and the “2025 Yangtze River Delta G60 Corridor Quality Standards Evaluation Index System Research Report.” The initiative aims to unite upstream and downstream industry players to foster a collaborative quality standards governance framework and promote high-quality development of the embodied intelligence sector.
TREE NEWS update: Major US AI services, including ChatGPT, Claude, and Grok, went down for nearly four hours on the evening of September 3. OpenAI attributed the issue to a routing error at 7:43 AM PT, affecting access to ChatGPT and Codex. Anthropic cited an infrastructure problem. Chinese firm Zhipu noted it remained online.
TREE NEWS update: Lenovo Group shares rose as much as 7% in intraday trading after the company announced a partnership with automation platform Workato to enhance its Qira AI assistant. The collaboration aims to bolster the capabilities of Lenovo’s AI-powered assistant, signaling the tech giant’s push into enterprise AI solutions.
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