News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗ChatGPT Ads reaches USD 1 billion annualized revenue run rate
On 2026/8/31, OpenAI’s website reported that ChatGPT Ads had reached a USD 1 billion annualized revenue run rate less than 200 days after launch, covering more than 40 countries.
Clipto raises USD 15 million at USD 250 million valuation, reaches USD 15 million ARR
On 2026/8/31, TechCrunch reported that US company Clipto had raised USD 15 million at a USD 250 million valuation. It had reached USD 15 million ARR at the beginning of 2026 and remained profitable.
Corenetic AI completes equity financing
On 2026-08-31, according to Xiniu Data, Corenetic AI completed equity financing for an undisclosed amount. Investors were Hangzhou Zhuoyuanxinghangerhao Venture Capital Partnership (Limited Partnership), Jiaxinganxingdingrui Venture Capital Partnership (Limited Partnership), Suzhou Junjitongzhou Enterprise Management Zhongxin (Limited Partnership), Shanghai Jiaozhiyihao Enterprise Management Partnership (Limited Partnership). The company is a developer of robots embodied intelligence technology.
Creao AI completes equity financing
On 2026-08-31, according to Xiniu Data, Creao AI completed equity financing, raising USD 10 million. The company is an operator of AI agent automation and virtual environments.
Dipuxincheng completes equity financing
On 2026-08-31, according to Xiniu Data, Dipuxincheng completed equity financing for an undisclosed amount. Investors were Jiaxingmutongguquan Investment Partnership (Limited Partnership). The company is a provider of solutions for AI infrastructure intelligent control.
Enflame’s IPO expected to raise CNY 6.119 billion
On 2026/8/31, IT Home reported that Chinese AI chip company Enflame’s IPO was priced at CNY 142.18 per share and expected to raise CNY 6.119 billion, approximately USD 910.6 million.
Liqing Intelligence completes angel financing
On 2026-08-31, according to Xiniu Data, Liqing Intelligence completed angel financing for an undisclosed amount. Investors were Shanghai Yunyang Enterprise Management Consulting Co., Ltd. and others. The company is a physical AI infrastructure developer.
MadeThis says revenue exceeds USD 2 million with team of 3
On 2026/8/31, MadeThis’s founder said on LinkedIn that revenue had grown from zero four months earlier to more than USD 2 million, with approximately 40 thousand businesses using it and a team of 3. The original post did not specify the revenue reporting period; USD 10 million ARR was a future target.
Madrona research says turbopuffer reaches approximately USD 100 million in annualized revenue
Turbopuffer, an AI vector and hybrid retrieval infrastructure company, was listed in a Madrona research article as having an annualized revenue of approximately USD 100 million, which was cited by a third party and the company's precise revenue disclosure was not obtained.
Monaike (Shanghai) Technology completes equity financing
On 2026-08-31, according to Xiniu Data, Monaike (Shanghai) Technology completed equity financing for an undisclosed amount. Investors were MPlus HK I Limited. The company is a developer and manufacturer of AI smart glasses.
Xianguang Intelligence completes seed financing
On 2026-8-31, according to Xiniu Data, Xianguang Intelligence completed seed financing, raising millions of RMB. Investors were Juhuachuanxin.
Xiaoyuzhizao completes equity financing
On 2026-08-31, according to Xiniu Data, Xiaoyuzhizao completed equity financing, raising hundreds of millions of RMB. Investors were Blooming Star, Kamet Capital, Yingfeng Group. The company is a developer and manufacturer of general-purpose embodied AI robots.
Yuanhuan Intelligence completes equity financing
On 2026-08-31, according to Xiniu Data, Yuanhuan Intelligence completed equity financing for an undisclosed amount. Investors were Shanghai Weilaiyongxianqiye Consulting Partnership (Limited Partnership), Tianjin Xinglianjianronghaihe Venture Capital Fund Partnership (Limited Partnership), Qingdao Junlixingzhan Venture Capital Partnership (Limited Partnership), Shanghai Yuanqiyicai Venture Capital Management Partnership (Limited Partnership), Shunwei Capital. The company is a developer of foundational AI theory systems.
Z.ai reports CNY 954 million revenue in first-half 2026
On 2026/8/31, an HKEXnews filing reported that Chinese large-model company Z.ai had generated CNY 954 million revenue in the first half of 2026, approximately USD 142.0 million, up 399.7% year over year.
Zhedieshijue completes seed financing
On 2026-8-31, according to Xiniu Data, Zhedieshijue completed seed financing, raising millions of USD. Investors were Aishi Technology.
Klar reportedly reaches EUR 500,000 in ARR
Scaling Europe founder Seb Johnson reported on LinkedIn that Swedish AI study tool Klar reached EUR 500,000 in ARR. It provides study tools such as practice questions, mock exams, and flashcards.
Shuzhikunpeng completes angel financing
On 2026-08-30, according to Xiniu Data, Shuzhikunpeng completed angel financing, raising tens of millions of RMB. Investors were Qizhen Venture Capital, Hangzhou Kechuang Group, Dayu Capital. The company is a developer of embodied AI robots control systems.
Yitaizhixin completes seed financing
On 2026-08-30, according to Xiniu Data, Yitaizhixin completed seed financing, raising tens of millions of RMB. Investors were Shanghai Tianshihui, Pudong Venture Capital, Gaoxin Capital, Guangchuan Investment. The company is a developer of AI AI agent full-stack technology.
Zidong Taichu completes equity financing
On 2026-08-30, according to Xiniu Data, Zidong Taichu completed equity financing for an undisclosed amount. Investors were Shanghai Yingyichengshiguihuasheji Co., Ltd., Zhongjiaoyuanzhoujiaotong Technology Group Co., Ltd., Beijing Jinkehuisheng Venture Capital Partnership (Limited Partnership), Jinjiangxingfushishi Venture Capital Partnership (Limited Partnership), Shenzhen Anbotong Innovation Investment Co., Ltd., Zhenjiangfuxixinxing Industry Venture Capital Fund (Limited Partnership). The company is a developer of multimodal artificial general intelligence large models.
Biren Technology reports CNY 1.236 billion revenue in the first half of 2026
On 2026/8/29, IT Home reported that Chinese AI chip company Biren Technology had generated CNY 1.236 billion in revenue in the first half of 2026, approximately USD 183.9 million, growing 1997.6% year over year.
Xinque Technology completes seed financing
On 2026-08-29, according to Xiniu Data, Xinque Technology completed seed financing, raising tens of millions of RMB. The company is a developer of embodied robots.
Xuanchuang Robotics completes Series A financing
On 2026-8-29, according to Xiniu Data, Xuanchuang Robotics completed Series A financing, raising tens of millions of RMB. Investors were Qianhaifangzhou, Guangyanggufen, Xihuke Venture Capital.
Yaoxingdongli completes angel financing
On 2026-8-29, according to Xiniu Data, Yaoxingdongli completed angel financing, raising RMB 240 million. Investors were Dongfengziguan, Zhongjinbaoshijie (Shanghai) Venture Capital Partnership (Limited Partnership), Dipingxian Robotics, Yuanjing Capital, Chengpu Investment, Jiangsu Juhe Capital, Foshanlinghang and others.
Aishang Intelligence completes equity financing
On 2026-08-28, according to Xiniu Data, Aishang Intelligence completed equity financing for an undisclosed amount. Investors were Wuhujingji Technology Kaifaquweida Venture Capital Co., Ltd., Anhui Mojiazhichuang Robotics Technology Co., Ltd., Shanghai Lingchu Intelligence Technology Co., Ltd.. The company is a developer of embodied intelligence algorithms.