Thematic

This Week in AI (Jul 12-18): Grok 4.5 and Kimi K3; DeepSeek seeks $1.5bn; Zhipu hits $1bn ARR as Anthropic readies IPO

18 Jul 2026 By Ke Yan, CFA
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Abstract: We tracked AI models, infrastructure and M&A this week, led by Kimi K3, Grok 4.5 and new financing plans from DeepSeek. China approved Apple Intelligence, while Zhipu expanded sales and Tencent released smaller Hunyuan Hy3 variants. Anthropic prepared for an IPO, TSMC raised capital spending, and Databricks, Helsing and Fireworks AI announced new funding.

Samsung Electronics (005930 KS) MINIMAX (100 HK) XIAOMI (1810 HK) SENSETIME (20 HK) KNOWLEDGE ATLAS (2513 HK) TENCENT (700 HK) BIDU (9888 HK) ALIBABA (9988 HK) Alphabet Inc. Class A Common Stock (GOOGL US) Intel (INTC US) Microsoft (MSFT US) Nvidia (NVDA US) Taiwan Semiconductor Manufacturing Company (TSM US)

Highlighted Stocks

Samsung Electronics, MINIMAX, XIAOMI, SENSETIME, KNOWLEDGE ATLAS, TENCENT, BIDU, ALIBABA, Alphabet Inc. Class A Common Stock, Intel, Microsoft, Nvidia, Taiwan Semiconductor Manufacturing Company

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