Today’s Yangtze funding roundup: chip, AI models, thermal management…
New funding is accelerating advances in chip interconnects, AI-driven engineering, dermatology and aerospace thermal management.
Day: August 26, 2026
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Startup to invest $400M in liquid-cooled AI data center in Quzhou
It will comprise two computing-center buildings and primarily support Alibaba Cloud’s AI model training operations.
Dreame retreats from hyper-expansion, refocusing on four core units
Dreame’s expansion was fueled by a financing model that combined roughly 20% of its own capital with 80% from local state-backed investors.
Nongfu Spring founder donates $138M in shares to back biomedical research
For investors, the move offers a different perspective at a time when founder share sales are closely watched.
Jack Ma buys $76M of Alibaba shares as founder, execs back AI bet
Insider buying can demonstrate conviction; it cannot by itself prove that Alibaba’s AI investments will generate attractive returns.