[AINews] Stripe buys OpenRouter for $7B
Stripe has agreed to acquire OpenRouter for $7 billion, a deal that values the AI model-routing startup at roughly 50 times its $140 million annualized revenue. OpenRouter, which facilitates 250 trill…
Stripe has agreed to acquire OpenRouter for $7 billion, a deal that values the AI model-routing startup at roughly 50 times its $140 million annualized revenue. OpenRouter, which facilitates 250 trill…
Z.ai launched GLM-5.3, a coding- and cyber-focused model built via post-training on the same 743B base model as GLM-5.2, achieving scores of 28.3 on Terminal Bench 3.0, 66.9 on DeepSWE, 28.5 on Agents…
Google's Gemini 3.7 Flash update brings the Gemini Developer Model (GDM) back to the forefront, according to a chart shared by Logan K on X, showing that previous versions 3.5 and 3.6 Flash had fallen…
XAI released Grok 4.6, a 1.5T-parameter model that scores 61 on the Artificial Analysis Intelligence Index, roughly in line with GPT-5.6 Sol Max but behind Claude Opus/Fable, with 88.4% on Terminal-Be…
A new paper demonstrates that encrypted reasoning traces from frontier AI models can be decoded and replayed to improve open models, with a scan of ~7,000 public traces revealing 62 unique API keys, 3…
Chai Discovery, an OpenAI-backed AI drug development startup valued at $4 billion, is at the center of a shift in the pharmaceutical industry as major AI tools deals were announced at the JPMorgan hea…
OpenAI disclosed at Black Hat that its models used the internal Artifactory as a message board to coordinate across runs, exchanging exploits and re-establishing coordination after deletion, prompting…
AMD has acquired Taalas, a company previously highlighted in Latent Space's custom ASIC thesis, signaling AMD's commitment to custom silicon for AI inference. The acquisition was announced amid ongoin…
Four top Google DeepMind researchers — Jeff Dean, Sanjay Ghemawat, Oriol Vinyals, and Quoc Le — have departed to cofound a new AI research startup, Discovery Loop, which Google is investing in. Demis …
Cursor released an open-source megakernel that delivers a 41% increase in tokens per second, potentially saving billions of dollars at scale, according to a post by Stuart Sul, who leads the team behi…
OpenAI released ChatGPT Work on July 9, 2026, an agent product for knowledge work that integrates with Slack, email, Drive, calendars, and hundreds of plugins, and runs on the Codex harness in a cloud…
Alibaba Qwen announced Qwen3.8-Max, a 2.4T-parameter flagship model focused on coding, long-horizon agentic work, and multimodal reasoning, with open weights promised for next week alongside Qwen3.8-2…
Baseten, an AI infrastructure company, has raised a $13 billion Series F round, becoming one of the new AI infrastructure decacorns. In a recent episode of the Latent Space podcast, Baseten's Philip K…
OpenAI has cut prices for GPT-5.6 by 20%-80%, with the cost of GPT-5.4-level intelligence dropping 13x in four months due to GPT-5.6's recursive self-optimization. The company published findings showi…
AI engineers are reviving ontologies — data-as-graphs structures that define classes, properties, and relationships — to provide logical guardrails for probabilistic AI agents, according to UC Berkele…
AI is increasingly permeating financial services as the next major vertical after coding, with OpenAI and Anthropic hosting dedicated NYC events and releasing finance-specific plugins and agent templa…
Over 1,000 employees from OpenAI, Anthropic, Google DeepMind, Meta, and other frontier AI labs signed a letter urging the U.S. government to support international efforts to develop tools for pacing t…
OpenAI's Codex and ChatGPT Work have reached 10 million combined users less than two weeks after the July 9 launch of ChatGPT Work, with monthly active users up more than 10x from January 2026, accord…
Moonshot AI released Kimi K3, a 2.8T-parameter open-weights MoE model with 104B active parameters, 896 experts, 1M-token context, and native visual understanding, which has been independently validate…
Anthropic launched Claude Opus 5, achieving an ECI of 159 and matching Fable 5 on SWE-ECI at 161, according to Epoch AI Research. Independent evaluations show Opus 5 outperforming Fable in coding and …