Jane Street's three-player auction game MegaGem was used to train a 4B specialist model, with SFT raising Qwen3-4B-Instruct's benchmark rating from 551 to 1158, ahead of Claude Sonnet 4.6, Claude Opus…
Etched raised $300 million in a Series C funding round at a $10.3 billion valuation, announced in late July, less than a month after emerging from stealth, with Sequoia leading the round and participa…
Leopold Aschenbrenner's $45 billion AI hedge fund, Situational Awareness, collapsed in late July 2026, triggering a 75% volatility spike in semiconductor stocks (SOX Index), the third such instance af…
Jane Street has released a new puzzle challenging participants to reverse engineer an ASIC from its GDS layout, recover the netlist, determine the chip's purpose, and find a hidden string output. The …
China's DeepSeek is recruiting developers to beta test DeepSeek Harness, software that turns language models into autonomous agents, as its V4 Flash model sends another cost-efficiency shock wave thro…
Cooper Saye, a former engineer at Jane Street and fintech company Ramp, joined OpenAI on July 31, 2026, as a Member of Technical Staff to work on recursive self-improvement (RSI) evaluations, a role f…
Citadel acquired the entire public-equities portfolio of Leopold Aschenbrenner's hedge fund Situational Awareness after leveraged AI bets suffered steep losses, according to multiple reports. The July…
Leopold Aschenbrenner's AI hedge fund Situational Awareness sold the majority of its public stock portfolio to Ken Griffin's Citadel after steep losses over the past month, though it retains its Anthr…
Top math and computer science graduates are landing entry-level pay packages worth up to $1.5 million as AI labs like OpenAI and Anthropic compete with Wall Street trading firms for the same talent, a…
Leopold Aschenbrenner's AI hedge fund Situational Awareness LP (SALP) liquidated its entire public equity portfolio around July 30, 2026, after margin pressure from losses in key positions like SK Hyn…
Leopold Aschenbrenner's Situational Awareness LP liquidated its entire public equities portfolio in a margin-fueled fire sale, offloading all holdings to a single buyer on or around July 30. The AI-fo…
Leopold Aschenbrenner's Situational Awareness LP hedge fund, which grew from $225 million to $20 billion on a pure AGI bet, is seeking fresh capital after the July 2026 semiconductor rout hammered its…
Etched raised $300 million in a Series C round led by Sequoia, valuing the San Jose chip startup at $10.3 billion, the highest valuation ever for a Sequoia-led Series C. The company, founded by Harvar…
AI chip startup Etched Inc. raised $300 million in Series C funding led by Sequoia, more than doubling its valuation to $10.3 billion. The company's chip, optimized solely for AI inference, uses propr…
AI chip startup Etched raised $300 million in a Series C round led by Sequoia, valuing the company at $10.3 billion, doubling its valuation from $5 billion in December. The company, which builds chips…
Etched, a San Jose-based AI chip startup, raised $300 million in a Series C round at a $10.3 billion valuation, led by Sequoia Capital, to scale production of its Sohu transformer-specific ASIC that c…
Two-year-old AI inference chip startup Etched is raising back-to-back funding rounds at $10.3 billion and $20 billion valuations simultaneously, with Sequoia leading the lower round and Jane Street le…
AI chip startup Etched, founded by three Harvard dropouts in 2022, has closed a $300 million Series C funding round at a $10.3 billion valuation, doubling its valuation in seven months, co-founder and…
AI chip startup Etched has raised $300 million in a Series C round at a $10 billion pre-money valuation, bringing total funding to $1.1 billion, with $1 billion in pre-orders already secured. The roun…
Kaito AI announced a formal data agreement with X (formerly Twitter) to secure official access to X's data firehose, reversing API restrictions that caused a 20% drop in the KAITO token in January 202…