A Chinese AI lab just pulled $2B at a $20B valuation while most Western AI companies are still figuring out how to charge for chatbots. Moonshot AI raised $2 billion at a $20 billion valuation, driven by enterprise demand for open-source AI models
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Nvidia's monopoly just got its first real crack, and hyperscalers are already rewriting their backup plans. AMD's Q2 revenue forecast of $11.2 billion beat analyst expectations by $700 million, driven entirely by AI data center chip demand
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The best customer service agent is the one you forget isn't human. Parloa uses OpenAI models to build voice-first AI customer service agents that enterprises can design, simulate, and deploy at scale
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The man who made billions coding with AI wants us to stop calling it what it is. Boris Cherny, creator of Anthropic's Claude Code, told Business Insider he's hunting for a replacement for "vibe coding" — the term coined by Andrej Karpathy that became Collins Dictionary's 2025 word of the year
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The guy who saw Nvidia before everyone else just bet $200 million that universities, not startups, will solve AI's talent crisis. Mark Stevens, Nvidia board member and former Sequoia partner, donated $200 million to USC for AI research and education, one of the largest gifts in university history.
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The lawsuits are already filed, the bodies are already counted, and we're still debating whether AI companions should tell users they're not real.
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The man suing OpenAI for betraying its nonprofit roots once tried to poach its CEO with a Tesla board seat and a rival AI lab. Messages from Shivon Zilis reveal 2017 plans for Musk to launch a competing AI lab, with Altman or DeepMind's Demis Hassabis as potential leaders
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While OpenAI debates profitability timelines, China's Kimi just banked $2 billion at a $20 billion valuation from Meituan, the company that delivers dinner to 700 million people. Moonshot AI raised ~$2 billion in new funding led by Meituan, valuing the Kimi chatbot maker at $20 billion
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The White House is trying to regulate AI without regulating AI, and the contradiction is louder than the policy.
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The companies winning at AI aren't the ones with the biggest budgets—they're the ones who figured out how to wire agents into actual work.
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OpenAI just told us who they think the future belongs to, and none of them have graduated college yet. OpenAI announced the ChatGPT Futures Class of 2026, spotlighting 26 students using AI to build products, conduct research, and solve real problems before they have degrees
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You can now bet on OpenAI's valuation without owning a single share, voting on a single board decision, or having any claim if the company goes public.
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The AI integration gold rush just hit its first public breakup—and nobody's saying why. Snap and Perplexity ended their $400M integration deal that would have embedded AI search directly into Snapchat, announced just six months ago in November 2025
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The company that spent two years saying "we're enterprise-first" just realized ChatGPT's consumer base is worth chasing after all. Anthropic is pivoting Claude from its original enterprise focus toward everyday consumers, responding to unexpected traction outside the boardroom
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Elon Musk's rocket company just agreed to power the AI lab he's actively suing, and the deal hints at compute infrastructure leaving Earth entirely. SpaceX is renting data center capacity to Anthropic, the AI startup racing to keep pace with OpenAI and others in compute-intensive model training
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The language we use to describe AI shapes how we understand what it can and should do—and right now, we're setting ourselves up for a confusion crisis.
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The defense industrial base just got a new prime contractor, and it's still learning to use forks. Scale AI landed a $500 million Pentagon contract to build data infrastructure and decision support systems for the DoD
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The world's richest man wanted to hire the architect of ChatGPT to run Tesla's AI, then tried to settle a lawsuit by threatening to destroy him, then showed up in court anyway.
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The woman who built GPT-4 just told a court, under oath, that the CEO lied to her about safety protocols. Mira Murati testified that Sam Altman falsely told her OpenAI's legal department had cleared a new AI model to skip the deployment safety board, a statement she confirmed under oath was untrue.
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The biggest private equity firms in the world just realized their portfolio companies are about to get left behind in the AI buildout. Blackstone and KKR are negotiating with Alphabet to deploy Google's AI models across their entire portfolio of owned companies
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