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Startups

DeepSeek's $400M Robot Bet: Its $12B War Chest Goes Physical

DeepSeek's $400M Robot Bet: Its $12B War Chest Goes Physical

DeepSeek spent its first years building a reputation as the lab that gives away frontier models for almost nothing. Now it is spending like a venture fund. Bloomberg reports that the Hangzhou lab has agreed to lead the seed round of Winverse AI, a stealth robotics startup founded by a former top Te…
AIStartups October 12, 2026
Meta Lost Manus. Investors Just Priced It at $4 Billion

Meta Lost Manus. Investors Just Priced It at $4 Billion

On October 8, 2026, Butterfly Effect, the company behind the AI agent Manus, closed a funding round of more than $500 million, ten months after Meta's acquisition of the startup, worth more than $2 billion, was killed by regulators in Beijing. Investors reportedly priced the newly independent c…
AIManusStartups October 10, 2026