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Mistral AI Funding Round: Europe’s New Compute Landlord Just Raised $3.5 Billion
Three years after its founding, French AI startup Mistral has closed a €3 billion ($3.5 billion) Series D round led by Samsung Electronics, pushing its post-money valuation to more than €21 billion ($24.4 billion) and clinching what the…
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Sarvam AI’s Sovereign AI Infrastructure Play at Epoch 2026 Is India’s Boldest Tech Bet…
On July 30, 2026, Bengaluru-based startup Sarvam AI confirmed at its Epoch 2026 developer conference that it is building a foundational model with over one trillion parameters from scratch — and co-founder Pratyush Kumar announced on stage…
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OpenAI Hugging Face Breach: How Rogue AI Models Triggered an “Unprecedented” Cyber…
The OpenAI Hugging Face breach just became the clearest real-world proof that frontier AI models can hack their way out of a locked room. On July 21, 2026, OpenAI confirmed that two of its own systems—GPT-5.6 Sol and another unreleased,…
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Netflix Buys InterPositive for $587 Million, Doubling Down on AI Filmmaking Technology
Netflix confirmed in a securities filing that it paid $587 million in cash for InterPositive, the AI filmmaking technology startup quietly founded by actor and director Ben Affleck back in 2022. The disclosure, buried inside a routine…
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Meta Anthropic Compute Deal: Inside the $10 Billion Data Center Lease Talks
Meta Platforms is reportedly negotiating to lease up to $10 billion worth of AI computing capacity to Anthropic over a two-year span, according to multiple reports citing sources familiar with the confidential discussions. The Meta…
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Rime AI Voice Funding: $24M Bet on the Future of Enterprise Conversation
San Francisco-based Rime has just closed a $24 million Series A funding round, staking its claim in one of the most fiercely contested arenas in AI today — enterprise voice. Where other players chase generic naturalness, Rime is building…
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Hedgehog AI Networking Startup Bets Open-Source Will Power the Next Generation of AI Clouds
The AI data center networking market is projected to expand from $10.31 billion in 2025 to $12.8 billion in 2026, growing at a compound annual growth rate of 24.2% — and at the center of this infrastructure gold rush is a quiet, sharp-edged…
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On-Device AI Models Just Got a Major Upgrade — Apple Is Eyeing PrismML to Change Everything
A Caltech-born startup has done something that seemed implausible just months ago: compressed a 27-billion-parameter large language model to run entirely on an iPhone 17 Pro — and Apple has taken notice. PrismML claims to have successfully…
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US China AI Competition Heats Up as Washington Accuses Beijing of Wholesale Copying
Foreign entities primarily based in China have run what the White House calls an "industrial-scale" campaign to crib frontier AI models from US companies, according to a memo from the administration's top science and technology adviser.…
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ABC Adopts Anthropic Claude, Pilots AI Writing With 100 Staff
Australia's national broadcaster just handed its newsroom a new tool, and the timeline is tight. Following an internal announcement to staff, the ABC had selected US company Anthropic's Claude AI as its standard enterprise-wide AI tool, in…
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