Wall Street Journal: A profile of Hugging Face, which started in 2016 to build a sassy chatbot for teens; CEO Clément Delangue says he approached Nvidia this summer to pursue a deal — The startup began as an emoji-named app for teens before becoming a crusader for open-source AI Source link
Kurt Schlosser / GeekWire: Resect AI, which is developing open-source tech to catch AI hallucinations before they happen, emerges from stealth with $25M from private equity investors — Chronicling the Seattle and Pacific Northwest startup scene. — Resect AI, an artificial intelligence startup led by a team … Source link
Bloomberg: Vals analysis: open-weight models performing multi-stage tasks, like building a web app, can have an environmental impact 10K times greater than simple queries — Benchmarker Vals AI finds that multi-stage tasks can require models to use exponentially more energy or water than simple queries do. Source link
Reuters: Tesla says Cybercab rides are available in limited areas of Austin; the two-seater has no steering wheel or pedals, and 45 Cybercabs are registered in Texas — Tesla (TSLA.O) said on Thursday it was offering rides in “limited areas of Austin, Texas” in its two-seater Cybercab … Source link
Alex Konrad / Upstarts Media: Sources: Index Ventures dropped plans to invest in AI assistant Town after Instinct, which Index is backing, complained about a potential conflict of interest — Exclusive details on Town’s new $90M fundraise at a $1B valuation, and the eleventh-hour cap table reshuffling behind it, per Upstarts sources. Source link
Axios: Sources: PayPal has paused plans to sell its VC portfolio for $900M-$1B after bids came in lower than hoped, months after deciding to wind down PayPal Ventures — PayPal has paused plans to sell its venture capital portfolio for around $900 million to $1 billion, Axios Pro has learned from multiple sources. Source link
Sam Sabin / Axios: OpenAI commits $1B in subsidized model access, training, support, and partnerships to a new initiative aimed at protecting essential services around the world — – The $1 billion will come in the form of expanded subsidized access to models, training, technical support and partnerships for participating organizations. Source link
Maggie Eastland / Bloomberg: DOD’s Emil Michael says Anthropic is still a designated supply chain risk, a day after Howard Lutnick said it resolved its issues with the Trump administration — US Commerce Secretary Howard Lutnick said Anthropic PBC has resolved its long-running issues with the Trump administration but a top Pentagon official begs to
Bloomberg: Humain launches humain-m3, an Arabic-language model developed with MiniMax, amid controversy among US allies over sovereign AI built with Chinese models — Saudi Arabia’s artificial intelligence company Humain has built a national AI platform based on an open model from Chinese lab MiniMax Group Inc. … Source link
Erin Griffith / New York Times: PitchBook: 95+ investors put money into both Anthropic and OpenAI amid shifting norms; sources: Menlo, Lightspeed, and Iconiq each hold 1%-2% Anthropic stakes — As the artificial intelligence companies Anthropic and OpenAI prepare to go public, the question around Silicon Valley is which investors will win big. Source link