Zhihu Inc. is investing $215 million in an AI-focused fund, with a proposed RMB1.5 billion subscription. The fund will target early-to-mid-stage unlisted enterprises in AI and related technology sectors in mainland China. This move aims to leverage the fund manager's expertise and resources to access high-quality AI and technology investment opportunities.
Meanwhile, Google has introduced AI-powered travel tools, integrating Search, Maps, Gemini, Flights, and Hotels into a continuous AI workflow. The updates include flight price tracking, hotel discovery and booking assistance, trip pricing, and a side-panel trip planner. This development showcases Google's efforts to enhance user experience with AI-driven features.
In other news, Okta Inc.'s shares surged 20% after the company reported strong quarterly results, driven by its identity security platform. The company's focus on delivering a seamless user experience and commitment to innovation have contributed to its growth. Additionally, a group of billionaires, including Marc Andreessen and Ben Horowitz, are backing an ad campaign promoting the benefits of AI data centers.
Figma's engineering team has built AI agents to help their security team investigate alerts, search past incidents, check company systems, and prepare code fixes. The agents have reduced resolution time for complex alerts by about 70% and reduced on-call pages by 20%. These developments highlight the growing importance of AI in various industries, from technology and finance to security and travel.
Key Takeaways
• Zhihu Inc. invests $215 million in an AI-focused fund to target early-to-mid-stage unlisted enterprises in mainland China. • Google introduces AI-powered travel tools, integrating Search, Maps, Gemini, Flights, and Hotels into a continuous AI workflow. • Okta Inc.'s shares surge 20% after reporting strong quarterly results driven by its identity security platform. • A group of billionaires backs an ad campaign promoting the benefits of AI data centers. • Figma's AI agents reduce resolution time for complex alerts by 70% and on-call pages by 20%.Zhihu invests $215M in AI-focused fund
Zhihu Inc. has proposed a subscription for a RMB1.5 billion investment in an AI-focused investment fund. The fund will primarily invest in early-to-mid-stage unlisted enterprises in the field of AI and related technology sectors in mainland China. Zhihu's interest in the fund is expected to be no more than 30%. The company believes this investment will help it leverage the fund manager's sector expertise and industry resources to broaden its access to high-quality AI and technology investment opportunities.
Okta stock jumps 20% on strong quarterly results
Okta Inc.'s shares surged as much as 29% after the identity security company beat fiscal second-quarter estimates. The company's strong results were driven by its identity security platform, which has seen significant growth in recent quarters. Okta's CEO, Todd McKinnon, said the company's results were driven by its focus on delivering a seamless user experience and its commitment to innovation.
Google unveils AI-powered travel tools
Google has rolled out a batch of AI Mode updates inside Search that let travelers track flight prices, browse hotels, and price out a trip in airline miles or hotel points. The company is stitching Search, Maps, Gemini, Flights, and Hotels into one continuous AI workflow. The updates include flight price tracking, hotel discovery and booking assistance, trip pricing, and a side-panel trip planner.
Billionaires back AI data center ad blitz
A group of billionaires, including Marc Andreessen and Ben Horowitz, are backing an ad campaign promoting the benefits of AI data centers. The campaign aims to counter opposition to data center development and promote the growth of the AI industry. The ads will be seen in several states, including Ohio, Wisconsin, and Kansas.
Figma uses AI agents for security investigations
Figma's engineering team has built AI agents to help their security team investigate alerts, search past incidents, check company systems, and prepare code fixes. The agents have reduced resolution time for complex alerts by about 70% and reduced on-call pages by 20%.
Sources
- Zhihu Inc. Announces Proposed Subscription in AI-Focused Investment Fund
- Okta Jumps 20% as AI-Driven Security Fears Fuel a Beat-and-Raise Quarter
- Google AI Travel Tools: 5 New AI Mode Features [2026]
- Billionaires Pouring Money Into Ads About How AI Data Centers Are Actually Good
- How Figma Uses AI Agents for Security
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