Situational Awareness drops 67% in a month: the trial of the true believers
A Situational Awareness investment vehicle loses two-thirds of its value in a month during the July AI rout.
yesterday 17 20
CXMT surges 500% on debut, tops Intel's market cap - Chinese memory reprices at cycle peak
Chinese memory maker CXMT jumped 471-500% on its Shanghai listing and - for a moment - its market cap surpassed Intel's. The market's message: HBM/DRAM is where the AI dollars land next.
Jul 27, 2026 at 10:16 6 6
SK Hynix Q2 record: memory is where the AI capex pinch prints first
SK Hynix aims for a record Q2 profit - 57% of the HBM AI-server market according to Tech in Asia - and becomes de facto the 2nd largest shareholder of Kioxia, without voting rights for now. The HBM constraint becomes the clock of the token cost 2027-2028.
Jul 26, 2026 at 18:40 12 8
Csquare IPOs at $1bn: another pure-play data center comes to market for the AI infra wave
After CoreWeave (March 2025), the compute layer continues to productize at the capital-markets layer. What matters isn't the raise.
Jul 16, 2026 at 13:50 14 11
Emergent raises $130M in Series C: yet another Indo-American AI-native unicorn
The startup raises a $130M round led across the US-India bridge. Funds earmarked for hiring and go-to-market.
Jul 15, 2026 at 19:28 21 8
Rime raises $24M: voice agents already handle 100M calls per month
Series A of 24 M$ for Rime. The real figure is elsewhere: 100 M calls/month processed, distributed across several client companies.
Jul 15, 2026 at 19:28 17 8
Elevation Capital raises $500M to bet on Indian AI startups
Indian VC Elevation Capital launches a $500M fund focused on seed and Series A AI startups - the "AI-native > SaaS + wrapper" thesis becomes actionable capital-side in the domestic market.
Jul 14, 2026 at 15:44 11 8
Vision-based safety AI: safety on construction sites shifts from the helmet to the camera
An e27 article highlights the silent shift: AI vision replaces paper checklists on Southeast Asian construction sites. Low-margin segment, demonstrable ROI impact, adoption is taking off.
Jul 12, 2026 at 11:17 7 8
MiniMax raises $220 million HK in 48 hours - return to markets after the lockup crash
After the post-IPO lockup crash, MiniMax bounces back with a lightning $2.2M HK fundraising round. The lab becomes the echo chamber of post-IPO tensions in the Chinese AI market.
Jul 11, 2026 at 17:19 34 6
Businesses are alarmed by the costs of AI - the CFO's return to the loop
The Economist documents what is seen in data rooms: LLM bills are skyrocketing, CFOs are taking charge. The "infinite PoC" comes at a cost, and ROI becomes the lifeline of every AI project.
Jul 11, 2026 at 17:19 3 11