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Chinese AI startup MiniMax jumped as much as 54% in its Hong Kong debut on Friday, after raising ~$619M in its IPO priced at ~$21.17 per share (Jeanny Yu/Bloomberg)

Jeanny Yu / Bloomberg : Chinese AI startup MiniMax jumped as much as 54% in its Hong Kong debut on Friday, after raising ~$619M in its IP...

2 July 2024

The Biden administration awards $504M in funding for 12 regional tech hubs, including in New York and Florida, to expand research in AI, chip making, and more (Bloomberg)

Bloomberg:
The Biden administration awards $504M in funding for 12 regional tech hubs, including in New York and Florida, to expand research in AI, chip making, and more  —  - Effort aims to draw private investment around more of the US  — Awards cover twelve centers, including in New York and Florida

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