**India/Asia AI thaw with elite non-US mega-rounds** [developing]
Key Questions
What is Spirit AI's funding in China?
Spirit AI raised $420M for embodied AI, backed by Lei Jun and Jack Ma funds. It signals a thaw in Asia AI investments.
Details on Sarvam's raise in India?
India's Sarvam raised $350M at $1.5B valuation; Neysa reached $1.2B. These are elite non-US mega-rounds.
What happened with Zhipu AI's GLM-5.1?
Zhipu launched GLM-5.1 and increased its price by 10%. This reflects pricing dynamics in Asia AI models.
Any other China AI model updates?
Kimi released K2; DeepSeek launched V4. VoxCPM 2, an open-source TTS model from China, also went live.
What is Firmus' role in Australia?
Firmus, in Australia, ties into Asia's AI infrastructure with its data center builds. It supports regional scaling.
India VC trends mentioned?
India's VC investments hit $16B in 2025, driven by fintech and SaaS, with second straight year of growth per Bain report. Sarvam exemplifies this.
Other Asia funding news?
SatLeo Labs raised $2.2M (total $5.5M) for thermal intelligence; Xovian Aerospace got $2M strategic investment. Taiwan startups advance AI platforms.
Hong Kong IPO context for AI?
Hong Kong IPOs hit 5-year high, driven by 400% gains in AI stocks. This boosts regional momentum alongside mega-rounds.
Spirit AI $420M China embodied (mogul-backed); Zhipu GLM-5.1 launch/price hike; Sarvam $350M/$1.5B India, Neysa $1.2B; Kimi K2/DeepSeek V4; Firmus Aus.