AI | Enterprise
Why the rise of open source AI isn’t hurting Anthropic … yet
Open source models’ success isn’t coming at the expense of frontier labs. Instead, they each seem to capture two phases of the same life cycle.
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Meta just launched a new AI generator, Muse Image, and users are already pushing back over use of their photos
The new image-generating model has numerous use cases, including advertising and decorating, and creator-based opportunities.
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Final extension: Startup Battlefield Australia applications now close July 20
If you’re building something ambitious, this is a fast track to the people who can move your startup forward.
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AI | Fundraising | Startups
AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round
AI chip maker SambaNova has raised at an $11 billion valuation months after Intel was rumored to be trying to buy it for about $1.6 billion.
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AI | Fundraising | Startups
Hot French startup ZML releases free product to speed inference across lots of AI chips
ZML, a hot French AI startup endorsed by Turing Award winner Yann LeCun, has now released ZML/LLMD, software that could make running AI less costly.
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Former OpenAI exec Kevin Weil is now on the board of Stoke Space
Kevin Weil’s new role at Stoke Space suggests reusable rockets are the next hot thing in Silicon Valley.
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Venus Williams-backed WeWard can now lock your apps until you hit your steps
With funding from tennis star and angel investor Venus Williams, the French app WeWard says that it increases walking time by almost 25%.
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Blue Origin reportedly raising $10B at $130B valuation
Blue Origin is raising $10 billion at a $130 billion pre-money valuation from Coatue Asset Management, Bezos himself, and other big-name investors, The New York Times reported.
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Venus Aerospace raises $90M Series B to build a new kind of rocket engine
Build a new kind of rocket engine and the world will beat a path to your door.
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Apple to produce Made in America wireless chips with Broadcom
Apple has signed a $30 billion+ multiyear deal with Broadcom to design and produce more than 15 billion U.S.-made custom wireless connectivity chips for Apple products.
