About
NetChoice is a trade association fighting for free speech and free enterprise online. This page is a new education project of NetChoice’s.
The goal of our Tech Competition webpage is to show how the abundance of competition in the tech industry benefits consumers through new exciting services, and market signals pushing businesses to constantly innovate and improve their offerings to their customers. We’ll keep this page updated frequently with news and facts that highlight the prevalence and impact of vigorous competition in U.S. tech markets.
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Posts
Tech Competition is Helping Americans. Here's How.
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Monday • July 28, 2025
Scale AI competitor Micro1 raising funds at $500 million valuation, sources say
Scale AI Competitor Micro1 is Finalizing a Series A Round Valuing the Startup at $500 Million
Micro1 provides data labeling services to artificial intelligence labs, a sector that has grown tremendously in recent years as high-quality, human-generated datasets have become more important in training advanced AI systems. Micro1 has capitalized on this trend by building an AI-powered recruitment engine enabling AI labs to target specialized experts instead of large pools of low-wage labor.
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Saturday • July 26, 2025
Huawei shows off AI computing system to rival Nvidia’s top product
The CloudMatrix 384 System Made Its First Public Debut at the World Artificial Intelligence Conference
China’s Huawei Technologies showed off an AI computing system on Saturday that one industry expert has said rivals Nvidia’s most advanced offering, as the Chinese technology giant seeks to capture market share in the country’s growing artificial intelligence sector.
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Tuesday • July 15, 2025
Mira Murati’s AI startup Thinking Machines valued at $12 billion in early-stage funding
Thinking Machines Lab, the AI Startup Founded by Former OpenAI Executive has Raised about $2 Billion at a Valuation of $12 Billion in a Funding Round
The massive funding round for a company launched only in February, with no revenue or products yet, underscores Murati’s ability to attract investors in a sector where top executives have become coveted targets in an escalating talent war.
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Monday • July 14, 2025
Alibaba-backed Moonshot releases new Kimi AI model that beats ChatGPT, Claude in coding — and it costs less
Alibaba-backed Startup Moonshot Released Its Kimi K2 Model as a Low-cost, Open Source Large Language Model, with a Focus on Coding Capabilities
The latest Chinese generative artificial intelligence model to take on OpenAI’s ChatGPT is offering coding capabilities — at a lower price. Open-source technology provides source code access for free, an approach that few U.S. tech giants have taken, other than Meta and Google to some extent.
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Thursday • July 10, 2025
AWS is launching an AI agent marketplace next week with Anthropic as a partner
The AWS Agent Marketplace Launch will take place at the AWS Summit in New York City on July 15
The distribution of AI agents poses a challenge, as most companies offer them in silos. AWS appears to be taking a step to address this with its new move. The company’s dedicated agent marketplace will allow startups to directly offer their AI agents to AWS customers.
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Tuesday • July 1, 2025
Surge AI Reportedly Targeting $1 Billion in First-Ever Fundraise
Data Labeling Company Surge AI is Reportedly Planning a $1 Billion Funding Round
The firm has hired advisors for the capital raise, which would be the company’s first, Reuters reported Tuesday (July 1), citing sources familiar with the matter. Those sources said Surge, founded by former Google and Meta engineer Edwin Chen, is aiming for a valuation of more than $15 billion.
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