Alibaba Launches Wan3.0 Video AI a Day After $10 Billion Raise
Alibaba launched Wan3.0, an AI video model that turns business documents into 30-second clips, a day after raising $10.2 billion in Hong Kong’s largest-ever follow-on share sale.
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Nvidia in Talks to Back Perplexity at $30 Billion Valuation
Nvidia is in talks to invest in Perplexity at a valuation above $30 billion, a 50% jump from a year ago, as the AI search startup's...
Hugging Face Explores a Sale That Could Value It at $13 Billion
Hugging Face is reportedly exploring a sale valuing it at $13 billion or more, nearly triple its 2023 valuation, though no deal has been reached and...
Lady Gaga’s Fiancé Trains AI on Living Human Skin Tissue
Michael Polansky's biotech startup Outer Biosciences keeps donated human skin alive for weeks and uses it to train an AI that predicts promising new skincare ingredients.
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OpenAI Launches Policy Blog on AI and Concentrated Power
OpenAI launched AI Futures, a blog from a new Strategic Futures team arguing that AI's gravest risk is letting power escape the checks that have long...
ChatGPT Quietly Overhauled How It Searches the Web
ChatGPT began scoping far more searches to specific websites on August 8, a change that coincided with Reddit's citation share collapsing from 3.8% to 0.5%.
ByteDance, Tencent Get Nvidia H200 Chips, but Beijing Wants Them in Hong Kong
ByteDance and Tencent each received about 10,000 Nvidia H200 chips, but Chinese regulators want the hardware kept in Hong Kong, which lacks the power to run...
Alibaba’s Profit Falls 75% as AI Spending Surges
Alibaba's profit fell about 75% in the June quarter as AI infrastructure spending jumped 75%, even as cloud revenue grew 45% and the company touted its...
Nvidia in Talks to Back Data Startup Mercor at $20 Billion
Nvidia has discussed investing in Mercor, a data-labeling startup that supplies expert data for its Nemotron models, in a round that would double the company's valuation...
Anthropic’s Published Claude System Prompts Now Cover Fable 5
Anthropic's ongoing system-prompt changelog now documents instructions for Claude Fable 5 and Opus 5, revealing how the company steers agentic behavior in its newest models.
OpenAI Pauses Frontier Training on Cyber-Capability Concerns
OpenAI paused reinforcement learning on its newest models after it could not rule out that an upcoming model, Astra, reached the top cybersecurity risk tier in...
Trump-Backed Crypto Firm Tied to Chinese AI Platform WorldClaw
Trump-backed World Liberty Financial is working with WorldClaw, an AI platform offering restricted Chinese models, letting the family profit as its stablecoin is used for payment.
Higgsfield Raises $400 Million, Quadrupling Its Value to $5.4 Billion
AI video startup Higgsfield raised a $400 million Series B at a $5.4 billion valuation, more than quadrupling its worth in eight months as it pushes...