SambaNova Systems has closed the first tranche of a $1 billion Series F funding round at an $11 billion post-money valuation, the company confirmed Wednesday, marking one of the largest private capital raises by an AI chip designer this year and the clearest signal yet that investors are placing real bets on Nvidia challengers as […]
SambaNova Closes $1B Series F at $11B Valuation, Lands JPMorgan as Customer Read More »
Meta Platforms fired its most aggressive shot yet in the consumer AI image race on Tuesday, rolling out Muse Image, an in-house generative model the company says is built for advertisers, creators, and the more than three billion people who touch WhatsApp, Instagram, and Facebook every day. The launch lands just six weeks after Meta
Meta Enters AI Image Race With Muse Image, a Closed-Loop Creative Engine for Advertisers Read More »
OpenAI, Anthropic, Google give away free computing power to capture AI startups. Lock-in strategy echoes the early-cloud era. 12-24 month credits, half-million customer cost.
AI Giants Are Handing Out Free Computing Power to Grab Startup Share Read More »
Alibaba bans Claude Code after accusing Anthropic of a covert distillation attack. The accusation marks a new front in the US-China AI cold war.
Alibaba Bans Anthropic AI for Employees After ‘Distillation Attack’ Accusation Read More »
Illinois Governor JB Pritzker is set to sign the state’s sweeping AI Accountability Act into law this week, establishing one of the toughest state-level AI oversight frameworks in the country and putting Illinois at the center of the fragmented U.S. regulatory map that has emerged in the absence of a federal standard. The bill, which
Illinois Governor Pritzker Set to Sign Sweeping AI Accountability Act Into Law This Week Read More »
Anthropic and OpenAI take formal seats at NATO’s annual summit as European capitals demand sovereign AI capability. Defense AI spend hits $41B; transatlantic pact brewing in The Hague.
Anthropic and OpenAI Invited to NATO Summit as Europe Demands AI Sovereignty Read More »
OpenAI CEO Sam Altman has floated a 5% government equity stake in major AI labs, modeled on the Alaska Permanent Fund, targeting Americans without traditional market investments.
OpenAI Proposes 5% Government Stake to Anchor National AI Wealth Fund Read More »
OpenAI has made GPT-5.5 Instant the default ChatGPT model for free, Plus, Team, and Pro users worldwide as of July 4, 2026. Here’s what changes and why it matters.
OpenAI’s ChatGPT 5.5 Instant Becomes the Default for Every User Worldwide Read More »
United Nations Secretary-General António Guterres has formally welcomed the publication of the first global scientific assessment of artificial intelligence, a watershed report that synthesises evidence from 200 researchers across 60 countries and is being compared in scope to the Intergovernmental Panel on Climate Change (IPCC) reports that shaped a generation of climate policy. The 400-page
UN Chief Welcomes First-Ever Global Scientific Assessment of AI Risk Read More »
Crunchbase data shows global startup investment hit a record $510B in H1 2026. OpenAI and Anthropic alone took $217B, or 43% of all venture dollars.
