Nvidia confirms $12.93B purchase of Hugging Face
Nvidia acquires the open-source AI model repository, which hosts over 3 million models and serves 18 million developers, in a major bet on open-source AI.
Tech.eu · +1 outlets
AI startup Wonderful raises $550M Series C at $5B valuation
The Netherlands-based AI productivity startup more than doubles its valuation in under six months with a massive Series C round.
TechCrunch · +12 outlets
Samsung, Nvidia, ASML and Scaleup Fund back Mistral in ~€3B fundraise
The French AI startup's Series D round draws major strategic investors from chipmaking and European tech.
Sifted
Google launches AI voice features in Gmail, Docs and Keep
Users can search for emails or draft documents using the new conversational voice feature across Google's productivity apps.
TechCrunch
Mistral raises ~€3B in Series D with Samsung, Nvidia, ASML backing
Mistral raises about €3 billion in a Series D round that includes Samsung, Nvidia, ASML, and the French government's Scaleup Fund.
Sifted · +1 outlets
Delivery Hero board backs Uber's $15B takeover bid
If approved, the combined company would become one of the largest food delivery platforms globally.
TechCrunch · +2 outlets
OpenAI's new reasoning technique alarms AI safety experts
OpenAI's Astra model uses 'recurrent depth,' a technique that lets the model operate outside sequential thinking, raising safety concerns.
TechCrunch · +1 outlets
Global venture funding jumps 122% in August as billion-dollar deals continue
Venture investors poured $42 billion into 1,500 startups worldwide in August, up 122% year-over-year.
Crunchbase · +1 outlets
Microsoft AI releases MAI-Transcribe-2, undercutting rivals on price and speed
Microsoft's new speech-recognition model is priced at 10 cents per hour, claiming to be faster and more accurate than OpenAI, Google, and ElevenLabs offerings.
VentureBeat · +2 outlets
Palo Alto Networks acquires AI startup Console for $500M
The acquisition of Thrive-backed Console leaves Sequoia-backed Serval as the de facto leader in AI IT service automation, according to industry watchers.
TechCrunch · +2 outlets
Felix Pago raises $200M for AI-powered WhatsApp remittance platform
The Miami-based startup's Series C, co-led by a16z and General Catalyst, validates stablecoin rails for Latino immigrant remittances.
Crunchbase · +4 outlets
UK government rules out spinout exit tax, VCs rejoice
The UK government's decision not to tax university spinout exits is welcomed by the venture capital community.
Sifted
Uber and Wayve launch supervised autonomous rides in London
Londoners can now hail Wayve autonomous vehicles through Uber, marking the first autonomous trips available in the UK.
Tech.eu · +1 outlets
Lyte raises $165M Series C at $1.6B valuation
The physical AI startup, founded by former Apple engineers, builds sensing and perception technology for robots.
Crunchbase · +2 outlets
Former Apple Engineers' Physical AI Startup Lyte Raises $165M At $1.6B Valuation
Lyte, building sensing and perception tech for robots, raised a Maverick Silicon-led Series C, tripling its valuation.
Crunchbase · +1 outlets
Amazon's Zoox expands robotaxi service to Las Vegas airport
Zoox expands to a critical ride-hailing destination weeks after starting to charge for robotaxi rides.
TechCrunch · +1 outlets
Nvidia backs Spanish spinout IPronics in $125M Series B
IPronics develops optical switches, and Nvidia's investment signals continued interest in AI data center networking technologies.
Sifted · +1 outlets
Google's Gemini 3.8 Flash built for agents, adds cyber variant
Google announces two versions of its new 3.8 Flash model, including a standard version and a Flash Cyber variant for vulnerability hunting.
VentureBeat · +1 outlets