Friday, June 19, 2026

Sources: Chinese autonomous driving company Momenta has reached a ~$9B valuation as it gears up to raise ~$1B in an upcoming Hong Kong IPO (Jiahui Huang/Wall Street Journal)

Jiahui Huang / Wall Street Journal:
Sources: Chinese autonomous driving company Momenta has reached a ~$9B valuation as it gears up to raise ~$1B in an upcoming Hong Kong IPO  —  The company has also been backed by Toyota and SAIC Motor  —  Chinese autonomous-driving company Momenta's valuation has reached around $9 billion …



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OpenAI says it hit its "automated research intern" goal, its researchers now use 3.1 agent-workdays per human workday, and top users spend $7,000+/day on tokens (OpenAI)

OpenAI : OpenAI says it hit its “automated research intern” goal, its researchers now use 3.1 agent-workdays per human workday, and top u...