Asian stocks rally as chipmakers surge, oil and Fed bets keep risks in view By Investing.com

• Prevalent AI raised $22 million in a growth investment from Los Angeles-based Integrity Growth Partners on September 2, 2026. • The company uses a platform originally built for cybersecurity to help teams find operational gaps using trusted enterprise data.

• French artificial intelligence start-up Mistral raised $3.5 billion in a funding round led by Samsung Electronics. • The company has raised approximately €6 billion since its 2023 founding and is now valued at about €21 billion.

• Samsung led a funding round for the Paris-based AI company Mistral, bringing the firm's valuation to $24 billion. • Mistral is building its own data center footprint and creating custom AI tools for businesses, such as integrating AI into the manufacturing process for ASML.

• Trescon will host the 48th Global Edition of the World AI Show in Malaysia on September 9–10, 2026, at the DoubleTree by Hilton Kuala Lumpur. • The event will feature technology and government leaders, including representatives from PETRONAS and the Labuan Financial Services Authority.

• Tech companies raised approximately $864 million in equity funding during August 2026. • This funding amount represents an 81.36% decrease from the $4.63 billion raised in July.

• Major memory manufacturers including Samsung, SK Hynix, and Micron reported substantial production cuts and negative margins during a recent industry downturn. • The memory sector is facing a period of historic challenges despite a strong long-term demand for memory technology.

• Hyperspectral imaging startup Pixxel raised $100 million in a Series C funding round led by Temasek and Seraphim Space. • This investment marks the largest single funding round for any Indian space technology company, bringing Pixxel's total capital raised to $195 million.

• Enterprise Singapore reported that Singapore captured nearly 60% of all venture deal volume in the ASEAN region during 2024. • The total value of these venture deals reached US$4.8 billion.

• OpenAI began using AI agents to accelerate its own internal research processes on September 7, 2026. • This shift means AI is now being used to speed up the development of future AI generations rather than just building consumer products.

• A Stockholm-based AI software company raised $400 million in Series C funding in August 2026 to expand its team and customer base. • The company uses multiple AI models to help non-technical users and businesses create software that currently receives hundreds of millions of monthly visits.

• European tech companies secured over €4.6 billion across more than 50 funding deals last week. • Dutch AI startup Wonderful led the activity by raising $550 million at a $5 billion valuation.