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From China’s $16 Billion AI Order to OpenAI’s $40 Billion Funding: This Week in Tech - 3.4.2025


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Chinese companies, including ByteDance, Alibaba, and Tencent, have ordered at least $16 billion worth of Nvidia's H20 AI server chips, showcasing their commitment to enhancing AI capabilities amid international export restrictions, as reported by various sources. Additionally, Zhipu AI launched a free AI agent, promoting open-source development in China’s tech sector.
OpenAI is set to release a new open-weight language model with enhanced reasoning capabilities, allowing developers to tailor it for specific tasks without requiring original training data, marking a significant leap in accessibility, according to reports. Meanwhile, LaLiga is integrating AI to improve match analysis and fan engagement, indicating a shift towards innovation in the sports industry.
Isomorphic Labs, supported by Google, raised $600 million for AI-driven drug discovery, aiming to transform the pharmaceutical landscape, as noted in funding announcements. In chip technology, Lightmatter has introduced photonics solutions to enhance AI chip performance, addressing growing computational demands, according to their latest release.
However, concerns over national security and revenue impacts may pose challenges to China's push for open-source AI, suggesting potential strategic adjustments in the sector. OpenAI is also seeking to raise up to $40 billion in a funding round led by SoftBank Group, which would support AI research and infrastructure advancements.
Additionally, chip startup Retym secured $75 million to develop AI connectivity chips for data centers, reflecting the increasing focus on specialized AI infrastructure, as reported by funding sources. AI cybersecurity firm ReliaQuest has raised over $500 million, achieving a $3.4 billion valuation, with expansion plans for its cybersecurity solutions, as highlighted by investment analysts.

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