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 no buyer identified.
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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 no buyer identified.
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.
AI startups captured 53% of global venture funding in July, their lowest share since December, even as total investment reached $65 billion in a record month for mega-rounds.
Opponents of the AI data center boom held 142 protests across 42 states, the first nationwide backlash against a buildout that crosses political lines and worries local communities.
Ethereum’s Vitalik Buterin argued the gravest AI risk is not rogue superintelligence but a few companies or governments seizing control of it, in a widely shared thread on AI’s future.
Web3 gaming unicorn Immutable cut 29 roles and gutted its in-house game studios to focus on Audience, an AI marketing platform for the broader games industry.
AI startups are increasingly being accused of overstating annual recurring revenue by counting unsigned deployments, future contract value, and projected usage growth as current revenue.
A Texas man has been charged with attempting to firebomb Sam Altman’s home and OpenAI’s headquarters. Authorities are investigating possible domestic terrorism motives.
Two more founding members of Thinking Machines Lab have joined Meta, highlighting ongoing talent departures from the $12 billion AI startup.
AI startups, without the noise – funding, launches, and acquisitions, plus the strategy and moats that separate durable companies from fast demos.
Irina Bodnar says Anthropic’s Claude and Meta-backed Manus introduced features that disrupted her AI ad startup Ryze AI, triggering a pivot and raising questions about startup survival in the age of AI giants.
Alphabet, Amazon, Meta, and Microsoft are expected to spend $650 billion on AI infrastructure in 2026, up from $410 billion in 2025, highlighting rapid scaling amid compute demand.
Anthropic expands in India, launching a Bengaluru office and partnerships in enterprise, education, and agriculture to bring Claude.ai to diverse sectors and underserved communities.
Top technology executives are traveling to New Delhi for India’s AI Impact Summit as global firms accelerate expansion in one of the world’s fastest-growing AI markets.
Fieldguide, an agentic AI platform for audit and advisory firms, has raised $75 million in Series C funding as demand accelerates for automation and workflow intelligence in professional services.