TMtechmemeSources: Crusoe raised $3B+ at a ~$30B post-money valuation; Atreides Management and Valor Equity Partners co-led the round, with Mubadala Capital participating (Bloomberg)industry20 days ago▲ 24Read story→
TMtechmemeSources: PayPal has paused plans to sell its VC portfolio for $900M-$1B after bids came in lower than hoped, months after deciding to wind down PayPal Ventures (Axios)industry20 days ago▲ 24Read story→
TMtechmemeOura files for a US IPO, reporting a $924.3M net loss on $1.21B in revenue for the nine months ended June 30, vs. a $182.8M net loss on $697.6M a year earlier (Subrat Patnaik/Bloomberg)industry20 days ago▲ 24Read story→
TMtechmemeAdobe names Customer Experience Orchestration president Anil Chakravarthy as CEO, effective December 1, replacing Shantanu Narayen, who becomes executive chair (Annie Palmer/CNBC)industry20 days ago▲ 24Read story→
TMtechmemeOpenAI commits $1B in subsidized model access, training, support, and partnerships to a new initiative aimed at protecting essential services around the world (Sam Sabin/Axios)industry20 days ago▲ 24Read story→
TMtechmemeSources: Crusoe signed a ~$13B, five-year deal with Jane Street to provide GPUs and other infrastructure for AI training and inference via its cloud platform (Bloomberg)industry20 days ago▲ 24Read story→
TMtechmemeGPT-6 Astra scores 62.7% on ARC-AGI-3 with the standard harness and 99.9% with a new provider adapter harness; Claude Opus 5 scored 30.2%, and GPT-5.6 Sol 7.8% (Greg Kamradt/ARC Prize)industry20 days ago▲ 24Read story→
TMtechmemeDOD's Emil Michael says Anthropic is still a designated supply chain risk, a day after Howard Lutnick said it resolved its issues with the Trump administration (Maggie Eastland/Bloomberg)industry20 days ago▲ 24Read story→
TMtechmemeA White House official says Zuckerberg opposed a US AI regulator in a call with Trump last month; another source says he didn't ask Trump to change his stance (Politico)industry20 days ago▲ 24Read story→
TMtechmemeMicrosoft AI debuts MAI-Transcribe-2, a speech recognition model that it says beats Gemini 3.5 Transcribe and GPT-Transcribe, at $0.10/audio hour through 2026 (Michael Nuñez/VentureBeat)industry20 days ago▲ 24Read story→
TMtechmemeOpenAI says Astra was built on its largest-ever training run, using more than 100,000 GPUs at its Stargate site in Texas (Ina Fried/Axios)industry20 days ago▲ 24Read story→
TMtechmemeOpenAI calls GPT-6 Astra the "world's best computer use model"; in tests, it booked DMV appointments and searched job listings faster than the average person (Maxwell Zeff/Wired)industry20 days ago▲ 24Read story→
TMtechmemeOpenAI prices GPT-6 Astra at $10/1M input tokens and $50/1M output tokens, matching Anthropic's pricing for Claude Fable 5.1 (The Deep View)industry20 days ago▲ 24Read story→
TMtechmemeOpenAI launches GPT-6 Astra, initially for customers in its Daybreak program; Greg Brockman says it is a "generational leap" and "we are now in the AGI era" (Hayden Field/The Verge)industry20 days ago▲ 24Read story→
TMtechmemeSources: Mira Murati's Thinking Machines Lab is in talks to raise $1B+ at a $40B+ pre-money valuation, lower than the $50B+ valuation it sought last year (The Information)industry20 days ago▲ 24Read story→
TMtechmemeHumain launches humain-m3, an Arabic-language model developed with MiniMax, amid controversy among US allies over sovereign AI built with Chinese models (Bloomberg)industry20 days ago▲ 24Read story→
TMtechmemeMicrosoft will open Xbox Cloud Gaming to non-Game Pass users via a pay-as-you-go model; Ultimate subs will be limited to 15 hours per month of cloud gaming (Tom Warren/The Verge)industry20 days ago▲ 24Read story→
TMtechmemeIndia-based smart ring maker Ultrahuman raised $70M, including $5M in debt, a source says at a $365M valuation, and is working with Qualcomm on a new ring (Jagmeet Singh/TechCrunch)industry20 days ago▲ 24Read story→
TMtechmemeSources: Cursor was a top-five OpenAI customer at the start of 2026; OpenAI estimated in spring that Cursor would bring in $1B+ in annualized revenue for OpenAI (Maxwell Zeff/Wired)industry20 days ago▲ 24Read story→
TMtechmemeNvidia launches Personal AI Router (PAIR), a free tool that distributes local AI inference workloads across compatible computers on a network, in beta (Antonio G. Di Benedetto/The Verge)industry20 days ago▲ 24Read story→