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A year after filing to IPO, still-private Cerebras Systems raises $1.1B

Nvidia rival Cerebras Systems raised a new round of private financing despite its previous plan be trading on the public market by 2025.   Silicon Valley-based Cerebras announced it raised a $1.1 billion Series G round on Tuesday that valued the AI hardware company at $8.1 billion. The round was co-led by Fidelity and Atreides Management with participation from Tiger Global, Valor Equity Partners, and 1789 Capital, among others.   Cerebras, […]

A year after filing to IPO, still-private Cerebras Systems raises $1.1B Read More »

California Governor Newsom signs landmark AI safety bill SB 53

In addition, SB 53 creates a mechanism for AI companies and the public to report potential critical safety incidents to California’s Office of Emergency Services. Companies also have to report incidents related to crimes committed without human oversight, such as cyberattacks, and deceptive behavior by a model that isn’t required under the EU AI Act.   The bill has received mixed reactions

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DeepSeek: Everything you need to know about the AI chatbot app

Chinese AI lab DeepSeek broke into the mainstream consciousness this week after its chatbot app rose to the top of the Apple App Store charts(and Google Play, as well). DeepSeek’s AI models, which were trained using compute-efficient techniques, have led Wall Street analysts — and technologists — to question whether the U.S. can maintain its lead in the AI race

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AI recruiter Alex raises $17M to automate initial job interviews

Job seekers in all fields can expect to soon be doing a lot more initial screening interviews. While that may sound like positive news, it doesn’t mean that there will suddenly be more open positions. Instead, recruiters, often bogged down with determining which applicants are qualified for the next round, will outsource the routine screening

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DeepSeek releases ‘sparse attention’ model that cuts API costs in half

Researchers atDeepSeekon Monday released a new experimental model called V3.2-exp, designed to have dramatically lower inference costs when used in long-context operations. DeepSeek announced the model witha post on Hugging Face, also postinga linked academic paperon GitHub. The most important feature of the new model is called DeepSeek Sparse Attention, an intricate system described in

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OpenAI takes on Google, Amazon with new agentic shopping system

ChatGPT users in the U.S. can now make Etsy and Shopify purchases within conversations, marking a next step towards the future of online shopping – both for consumers and the platforms that control product discovery, recommendation, and payments. In other words, OpenAI might be on the path to reshaping who holds power in e-commerce.  OpenAI’s new “Instant Checkout” feature is available to ChatGPT Pro, Plus, and Free

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Vibe coding Anything nabs a $100M valuation, after hitting $2M ARR in its first two weeks

It’s no secret that vibe coding — using AI-powered coding tools to build apps and websites via natural language prompts — is exploding in popularity. In July, Swedish vibe coding startup Lovable hit $100 million in annual recurring revenue (ARR) just eight months after launch,plans toclose the year at $250 million ARR and thinks it

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Anthropic launches Claude Sonnet 4.5, its best AI model for coding

On Monday, Anthropic launched a new frontier modelcalled Claude Sonnet 4.5, which it claims to offer state-of-the-art performance on coding benchmarks. The company says Claude Sonnet 4.5 is capable of building “production-ready” applications, rather than just prototypes, representing a leap in reliability from previous AI models. Claude Sonnet 4.5 will be available via the Claude

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