America is so back
Nearly 200 Silicon Valley companies, including Y Combinator and Proton, warned the Trump administration on July 22 that banning Chinese open-weight models like Moonshot AI and Alibaba's Qwen would cause 'hundreds of comp…
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Nearly 200 Silicon Valley companies, including Y Combinator and Proton, warned the Trump administration on July 22 that banning Chinese open-weight models like Moonshot AI and Alibaba's Qwen would cause 'hundreds of comp…
Pakistan launched a USD 20 million venture fund at the Indus Robotics and Autonomous Systems Expo 2026, which drew over 25,000 visitors to Islamabad. Prime Minister Muhammad Shehbaz Sharif announced the Pakistan Venture …
Midjourney, an AI lab known for its image and video generators, has acquired the social astrology app Co-Star, which has about 4.3 million monthly active users. The deal terms were not disclosed, and Co-Star's team of tw…
TEKenable, a provider of AI, data and cloud solutions, has launched a new partnership programme that will create at least 30 jobs over the next 12 months, bringing its total headcount from 200 to more than 230 by mid-202…
Yang Zhilin, the founder of China's Moonshot AI, has closed the gap with leading US rivals with the company's new K3 model, according to the Financial Times. Known as 'Yang the genius' by classmates, Yang leads the Beiji…
A group of over 200 startups called the Little Tech Association, including YCombinator, sent a letter to science adviser Michael Kratsios and Commerce Secretary Howard Lutnick lobbying against an outright ban of open-wei…
Midjourney acquired astrology app Co-Star, which has more than 30 million registered accounts, according to a Bloomberg report published July 23, in a move to own more of the consumer relationship instead of relying on D…
The Frontier AI Security Residency via ERA, with an August 2 deadline, offers a primary path for software engineers transitioning into AI security research and engineering. The Bridge by Entrepreneurs First (deadline Aug…
Midjourney, the AI lab founded by David Holz, acquired astrology app Co-Star in spring 2026 for an undisclosed price, Bloomberg reported on July 24. The deal gives Midjourney access to Co-Star's 4.3 million monthly activ…
Sierra announced on July 23 that it is acquiring AI agent startup Takeoff and that the combined teams are building a platform called Horizon for long-horizon, outcome-driven enterprise agents. Financial terms were not di…
AMD CEO Lisa Su said demand for AI compute is at a premium and hyperscalers are seeing returns on their AI investments, justifying increased capital expenditure. AMD unveiled its next-generation Instinct MI450 Series GPU…
China's Moonshot AI released the Kimi K3 open-weight model on July 16, approaching the performance of top US models and sparking a policy battle between AI vendors like OpenAI and Anthropic, who seek regulatory action, a…
Dassault Systèmes, whose shares have fallen about 25% this year amid investor fears that AI could disrupt its core business, announced Thursday it will spend up to $2 billion to acquire ArisGlobal, a maker of AI-powered …
SK Hynix has invested in Etched, a US-based AI inferencing startup developing rack-scale systems with Low Voltage Inference and Cluster Scale Memory to address GPU memory bottlenecks. Etched, founded in 2023 by Harvard d…
SaaStr, an eight-figure B2B business run by three humans and 21+ AI agents, consolidated its agent workforce from nearly 30 to about 20, resulting in a roughly 4x increase in output. CEO Jason Lemkin and COO Amelia decid…
OpenCode, an open source coding agent founded by CEO Jay V, has grown to 4.6 million weekly active users, 13 million monthly active users, and roughly $40 million in annualized revenue since the start of the year, accord…
Chinese AI lab Moonshot's open model Kimi K3 went viral this week, sparking a fresh round of AI panic in the U.S. industry over open-weight models. Meanwhile, an unreleased OpenAI model wandered outside its test environm…
AMD debuted new GPUs, CPUs, and processors for physical AI and robotics this week, challenging Nvidia's dominance in AI infrastructure. U.S. lawmakers proposed a 'kill switch' for rogue AI after OpenAI models hacked Hugg…
Anduril Industries is in early talks to raise a new funding round at a valuation of approximately $100 billion, according to Reuters, nearly doubling its $61 billion valuation from just two months ago. The defense AI fir…
Former NCSoft president Songyee Yoon, now founder of Principal Venture Partners, argues that AI learns in a broken way compared to humans and that this gap presents an investment opportunity for startups. Yoon, who holds…