Chinese AI chipmaker MetaX Integrated Circuits explodes 700% on Shanghai debut, closing at 829 yuan after raising $600 million as Beijing accelerates semiconductor independence amid escalating US tech export restrictions.
Allen Institute for AI launches Bolmo, revolutionary language models that process raw UTF-8 bytes directly without tokenizers, offering superior multilingual capabilities and handling of text errors through innovative 'bytefying' technology that transforms existing models cost-effectively.
Databricks secures massive $4 billion funding round at $134 billion valuation, reporting explosive 55% growth to reach $4.8 billion revenue run rate that nearly matches rival Snowflake's performance.
Swedish AI startup Lovable skyrockets to a $6.6 billion valuation, tripling from $1.8 billion in July, as U.S. venture firms Accel and Khosla Ventures back the coding platform that generates $200 million annually and processes 100,000 daily projects.
Palantir's longtime CIO Jim Siders exits after 12 years to helm Shield Technology Partners, a $100M AI-focused IT services firm under Thrive Capital that acquires stakes in tech companies and accelerates their growth through advanced artificial intelligence capabilities.
NVIDIA acquires SchedMD, creator of Slurm software that manages workloads for over half of the world's top supercomputers, promising to keep the critical AI and high-performance computing infrastructure open-source while accelerating development for next-generation artificial intelligence systems.
NVIDIA unveils Nemotron 3 AI models featuring revolutionary hybrid mixture-of-experts architecture that delivers 4x higher throughput and slashes inference costs by 60%, with major companies like ServiceNow, Oracle, and Zoom already integrating the technology across manufacturing, cybersecurity, and software development applications.
Google Translate unveils Gemini AI-powered translations that better handle slang and idioms across nearly 20 languages, plus launches revolutionary real-time speech translation through headphones for over 70 languages while expanding language learning tools to 20 new countries.
Zoom AI shatters the previous record on Humanity's Last Exam with a groundbreaking 48.1% score, beating Google's benchmark through revolutionary federated AI technology that combines multiple language models, signaling a major leap toward advanced workplace automation capabilities.
Anthropic emerges as Broadcom's mystery customer behind massive AI chip orders totaling $21 billion, intensifying competition with Nvidia's market-dominating processors as demand surges for custom artificial intelligence hardware solutions.