Nvidia agrees to buy Hugging Face for $12.9B
The acquisition would give Nvidia the leading open-source AI model repository, strengthening its position in the AI development ecosystem.
Tech.eu · +1 outlets
a16z creates $1.1B 'Machine Age' fund to invest in AI hardware infrastructure
The venture firm known for software bets is dedicating a massive fund to the physical infrastructure powering AI, from datacenters to chips.
TechCrunch · +1 outlets
Anthropic wins federal court ruling against Pentagon's supply-chain risk label
A judge ruled the Trump administration illegally labeled Anthropic a supply-chain risk, a first legal win for the AI company.
TechCrunch
Anthropic strikes $45B compute deal with datacenter operator Nscale
The massive compute capacity deal underscores the immense infrastructure costs facing frontier AI labs.
Sifted · +1 outlets
OpenAI, Anthropic, Google and 100+ companies call for action to defend against rogue AI
Major AI companies and tech firms jointly decry current cybersecurity and back a new solution against AI-driven threats.
TechCrunch
Socure raises $156M at $5.2B valuation, acquires AI fraud startup Fravity
The identity verification company's mega-round and acquisition signal continued consolidation in the fraud prevention space.
Crunchbase News · +1 outlets
Salesforce puts its CRM inside Anthropic's Claude in sweeping partnership expansion
The 'Claudeforce' integration embeds Salesforce's entire CRM platform within Claude, suggesting a future where users interact with enterprise data through an AI
VentureBeat · +1 outlets
Space tech startup funding hits record $20.3B globally this year
Investment in space and satellite startups has already surpassed all previous annual records, per Crunchbase data.
Crunchbase News · +1 outlets
Linear hits $2.5B valuation in secondary sale, agents now create 50% of work on platform
Linear raised $99M in secondary shares at a doubled valuation, and revealed that AI agents now generate half of all work created in its project management tool.
SaaStrAI
Meta settles with 29 states for $18B, gets legal pass to keep kids' data for age-detection AI
The settlement allows Meta to retain data from children under 13 to train age-detection models, raising privacy concerns.
TechCrunch
French quantum computing scale-up Pasqal begins trading on Nasdaq
Pasqal completes its SPAC merger and starts trading with €309M in cash, marking a milestone for European quantum computing.
EU-Startups · +1 outlets
Meta exec Sandhya Devanathan leaves for OpenAI to lead SE Asia and Australia ops
The departure comes as Meta faces growing regulatory scrutiny in India.
TechCrunch · +1 outlets
ATF declares 'major incident' after ransomware gang claims hack
A federal law enforcement agency becomes the latest to report a major cybersecurity breach to Congress.
TechCrunch
Barret Zoph, Thinking Machines co-founder who briefly joined OpenAI, is now at Google
Zoph's move is the latest in a series of high-profile AI talent shifts between leading labs and tech giants.
TechCrunch · +1 outlets
Visa ships security AI that autonomously patches production code
Visa's open-source security harness finds vulnerabilities, writes fixes, and tests them before any human reviews the patch.
VentureBeat
Rivian CFO Claire McDonough to step down in October
The departure of Rivian's CFO adds to executive turnover at the EV maker as it navigates production scale-up.
TechCrunch · +1 outlets
YouTube lets creators tag Amazon products and earn commissions from purchases
The integration turns product recommendations into a direct revenue stream for creators and puts Amazon's marketplace inside YouTube.
TechCrunch
Retro, a friend-focused photo-sharing app from ex-Instagram employees, raises $21M
The Series A for the social app signals continued investor interest in private, curated photo sharing as an alternative to public feeds.
TechCrunch · +1 outlets