Nvidia is partnering with Ineffable Intelligence, the $1.1 billion-backed AI startup founded by DeepMind reinforcement learning pioneer David Silver, to co-develop AI systems that learn through trial and error using Nvidia's latest Grace Blackwell chips — pushing beyond conventional AI trained on human data toward systems that continuously discover new …
xAI cofounder Igor Babuschkin is seeking up to $1 billion for his new AI startup River AI at a $5 billion valuation, with General Catalyst in talks to lead the round and Babuschkin personally committing $100 million to the venture.
Microsoft is aggressively pursuing AI startup acquisitions, including talks with Stanford-spun Inception, as it races to build frontier AI independence from OpenAI by 2027 — after losing a bid for code-generation startup Cursor to a SpaceX-xAI deal worth $60 billion.
Cursor launches powerful cloud agent tools featuring multi-repo support, parallelized engineering task execution, and enhanced security controls including audit logs, rollback capabilities, and secrets scoping, marking a major step toward autonomous development environments.
Raindrop Workshop is a new local debugging tool that streams every token, tool call, and decision from AI coding agents in real time, integrating with popular platforms like Claude Code to enable self-healing loops that automatically fix failures until all assertions pass.
Datadog launches Toto 2.0, a groundbreaking family of open-weights time series forecasting models scaling up to 2.5 billion parameters, achieving state-of-the-art results across all major benchmarks while being up to 7 times more parameter-efficient than its predecessor.
AI chipmaker Cerebras Systems explodes 68% on its Nasdaq debut, closing at $311.07 after raising $5.55 billion in the largest U.S. tech IPO since Uber's 2019 listing, pushing its market cap to roughly $95 billion as it aggressively challenges Nvidia with new deals from AWS and OpenAI.
AI chipmaker Cerebras explodes 90% on its Nasdaq trading debut, opening at $350 after pricing at $185, claiming the biggest IPO of the year with a $75 billion valuation amid overwhelming investor demand exceeding 20 times available shares as it challenges Nvidia's dominance.
Adaption launches AutoScientist, a groundbreaking AI tool that simultaneously co-optimizes data and models through automated fine-tuning, claiming to more than double win rates across different models while making frontier-level AI training accessible beyond major labs.
Mistral AI is in talks with European banks to deploy a cybersecurity-focused AI model as an alternative to Anthropic's Mythos, amid growing concerns that AI-powered tools are exposing financial institutions to unprecedented security vulnerabilities.