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Anysphere, the maker of AI coding assistant Cursor, has raised $900 million at a $9.9 billion valuation, Bloomberg reported. The round was led by returning investor Thrive Capital, with participation from Andreessen Horowitz, Accel, and DST Global. The massive round is Anysphere’s third fundraise in less than a year. The 3-year-old startup secured its previous…
Anthropic says that it has released a new set of AI models tailored for U.S. national security customers. The new models, a custom set of “Claude Gov” models, were “built based on direct feedback from our government customers to address real-world operational needs,” writes Anthropic in a blog post. Compared to Anthropic’s consumer- and enterprise-focused…
Reddit is suing Anthropic for allegedly using the site’s data to train AI models without a proper licensing agreement, according to a complaint filed in a Northern California court on Wednesday. Reddit claims in the complaint that Anthropic’s unauthorized use of the site’s data for commercial purposes was unlawful, and alleges the AI startup violated…
In a Bloomberg interview Wednesday night in downtown San Francisco, Alphabet CEO Sundar Pichai pushed back against concerns that AI could eventually make half the company’s 180,000-person workforce redundant. Instead, Pichai stressed the company’s commitment to growth through at least next year. “I expect we will grow from our current engineering phase even into next…
Despite what some experts have characterized as an environment increasingly hostile to AI R&D, North America continues to receive the bulk of AI venture dollars, according to data from investment tracker PitchBook. Between February and May of this year, VCs poured $69.7 billion into North America-based AI and machine learning startups across 1,528 deals. That’s…
It’s becoming a little easier to build sophisticated robotics projects at home. Earlier this week, AI dev platform Hugging Face released an open AI model for robotics called SmolVLA. Trained on “compatibly licensed,” community-shared datasets, SmolVLA outperforms much larger models for robotics in both virtual and real-world environments, Hugging Face claims. “SmolVLA aims to democratize…
Use ChatGPT to summarize market news, interpret on-chain data, compare token metrics, and spot sentiment shifts using structured prompts. ChatGPT can simplify and accelerate crypto analysis by interpreting market data, summarizing sentiment and generating strategy templates. Real traders use ChatGPT for bot development, technical interpretation and backtest simulation, showing practical applications beyond theory. Its strength…
French AI startup Mistral is releasing its own “vibe coding” client, Mistral Code, to compete with incumbents like Windsurf, Anysphere’s Cursor, and GitHub Copilot. Mistral Code, a fork of the open source project Continue, is an AI-powered coding assistant that bundles Mistral’s models, an “in-IDE” assistant, local deployment options, and enterprise tooling into a single…
The decentralized physical infrastructure network market could surge to $3.5 trillion by 2028 as AI and blockchain converge, according to a new World Economic Forum report. The growing convergence of blockchain and artificial intelligence could see the decentralized physical infrastructure network (DePIN) market soar past $3.5 trillion in the next three years, according to the…
A film that will portray the chaotic time at OpenAI, when co-founder and CEO Sam Altman was fired and rehired within a span of just five days, is reportedly in the works. According to The Hollywood Reporter, the movie is titled “Artificial,” and it’s in development at Amazon MGM Studios. While details aren’t finalized, sources…