Recently, general artificial intelligence company VAST announced the completion of two rounds of financing, A+ and A++, totaling nearly $200 million. This round of financing was led by Yongce Capital and China Life's Yangtze River Delta Science and Technology Innovation Fund, with participation from the Shenzhen Artificial Intelligence Terminal Industry Fund (backed by leading global terminal manufacturer Honor), notable industry strategic investors, and Shanghai Semiconductor Industry Investment. Financial investors such as Shenzhen Capital Group, Yuan Sheng Capital, Wofu Venture Capital, and Fangguang Capital also joined the investment, while existing shareholders including Chuanghua Venture Capital, Jingya Capital, BV Baidu Venture Capital, and Dongfang Jiafu continued to invest significantly.
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VAST Secures Nearly $200 Million in Series A Funding for General Artificial Intelligence
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Florida Attorney General Sues OpenAI Over AI-Related Damages
On June 1, according to the Wall Street Journal, Florida has launched a fierce attack in an escalating protest against the alleged safety flaws of artificial intelligence chatbots, becoming the first state to sue OpenAI and its CEO Sam Altman. The lawsuit, filed by Florida Attorney General Ashley Moody on Monday, claims that OpenAI and Altman were aware of the safety risks associated with their products but ignored warnings about potential harm to users. -
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On June 1, Iranian state media reported that the country would suspend negotiations with the United States, causing Bitcoin to drop to a new low in over a month, leading to a widespread decline in cryptocurrency stocks. Strategy's stock fell by 6% after the company sold $2.5 million worth of Bitcoin. Coinbase Global's stock dropped by 5%, Robinhood's stock fell by 7.6%, and Circle's stock decreased by 5.8%. ProShares Bitcoin Strategy ETF and BlackRock's Bitcoin Trust both declined by 2.6%. -
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Iran Decides to Suspend Negotiations with the U.S. and Fully Block the Strait
On June 1, according to Iranian media reports, in light of Israel's ongoing strikes against Lebanon, which is one of the prerequisites for a ceasefire, and the recent violations of the ceasefire agreement on all fronts including Lebanon, the Iranian negotiating delegation has decided to suspend "negotiations and text exchanges with the U.S. through intermediaries." The "Resistance Front" and Iran have decided to completely block the Strait of Hormuz and activate other fronts, including the Mandeb Strait, to punish Israel and its supporters. Iranian officials have demanded that Israel immediately cease its military operations in Gaza and Lebanon. Iran also requires Israel to fully withdraw from the areas it occupies in Lebanon before negotiations can resume. Iran will not engage in negotiations until Israel meets the demands to stop its actions in Lebanon and Gaza. -
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