China’s AI sector is not short of cash. If anything, American pressure is pumping more in. DeepSeek shows the pattern best. The Hangzhou lab closed a $7.4bn round, the biggest first-time raise by a Chinese startup, at a valuation above $50bn. It had run for three years on founder Liang Wenfeng’s own wealth and never […]
Patience has a price, and someone else is paying it. OpenAI may wait until 2027 to go public. The wait is meant to buy a bigger number. OpenAI is weighing a listing as late as 2027, Bloomberg reported. That timeline could see it go public after its rival Anthropic. Altman has reportedly rejected an earlier […]
For 20 years, marketing meant one thing: rank on Google. That deal is breaking. A Berlin startup has just doubled its valuation on a bet about what comes next. Peec AI is in talks to raise new funding at a pre-money valuation of $200M, Sifted reported, citing three sources. That is roughly double its worth […]
A settlement is the sound a lawsuit makes when it stops. For Tesla, one just went quiet. The far louder problem, a federal safety investigation, is still talking. Tesla has settled a lawsuit tied to a fatal 2023 crash involving its Full Self-Driving (Supervised) system, Bloomberg first reported. Neither side disclosed the terms. TechCrunch laid […]
Renting an AI chip is starting to feel like booking a hotel in a sold-out city. You pay to hold the room, and the rate keeps climbing. On AWS, it just climbed again. Amazon Web Services has raised prices for EC2 Capacity Blocks for ML by roughly 20%, starting in July. Business Insider first reported […]
Mirendil, founded by two researchers who left Anthropic after barely a year, has raised $200m at a $1bn valuation. The pitch: sell the self-improving AI that the big labs build for themselves and guard from everyone else. The biggest AI labs share one private conviction. The fastest way to build better AI is to point […]
Paul Meade, Apple’s Vision Pro chief, is leaving to build OpenAI’s devices. It is the most senior Apple defection yet, and it points the AI hardware talent war straight at Cupertino. Apple does not lose vice presidents to rivals. That is the unwritten rule, and for years it held. Designers slipped away to Jony Ive’s […]
The case for artificial intelligence in Germany is being made, increasingly, in the language of arithmetic rather than ambition. The country does not have enough workers, and AI is being pitched as a way to need fewer of them. The concrete version of that pitch is small and unglamorous. A homebuilder in the northwest of […]
A coalition that owns nearly 400 local US newspapers has sued OpenAI and Microsoft. The publishers call AI training on their reporting a death knell for local journalism. It is the largest copyright case the local press has brought yet. Local newspapers report the meetings no algorithm attends. The council vote, the school board row, […]
