Why AI startups are selling the same equity at two different prices

As competition among AI startups heats up, founders and VCs are turning to novel valuation mechanisms to manufacture a perception of market dominance. Until recently, the most sought-after companies raised multiple rounds of funding in quick succession at escalating valuations. However, because constant fundraising distracts founders from building their products, lead VCs have devised a…

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Did Alibaba just kneecap its powerful Qwen AI team? Key figures depart in wake of latest open source release

Alibaba’s Qwen team of AI researchers have been among the most prolific and well-regarded by international machine learning community — shipping dozens of powerful generalized and specialized generative models starting last summer, most of them entirely open source and free. But now, just 24 hours after shipping the open source Qwen3.5 small model series—a release…

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