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As projects like Pacing the Frontier look to major labs as a way to keep AI research safe, open-source models have become a sore spot for the industry. With free distribution and little control over how they’re used, open-weight models aren’t easily controlled, leading some labs to treat them as downright scary. But at the…
As AI makes coding dramatically faster, the next big challenge in software development is testing and validating all that code. Blacksmith has raised a new $45 million round to capitalize on that shift. The Series B, led by Peak XV Partners, values Blacksmith at $550 million, up from the $60 million valuation it was assigned…
Accel has closed a new $550 million India fund, less than two years after raising its previous India-focused vehicle, as part of a coordinated $3.5 billion global fundraising effort. The new India fund was oversubscribed and closed within weeks, people familiar with the matter told TechCrunch. Accel still has more than 55% of its previous…
OpenAI has bought back $7 billion worth of shares from employees at the privately held frontier AI lab as part of an effort to provide liquidity to its workforce. The deal, reported by Bloomberg, valued OpenAI at $852 billion, the same as its most recent fundraising round in March, which added $122 billion to the…
Meta on Monday released Muse Glimmer, an open-weight model designed to power AI agents locally on consumer hardware, providing the clearest picture yet of what CEO Mark Zuckerberg’s vision of “personal superintelligence” could look like in practice. The 30-billion parameter model is essentially an open version of Meta’s most powerful closed model, Muse Spark, which…
Over the past few months, AI agents undergoing cybersecurity evaluations have escaped their boundaries, accessed the internet, and, in some cases, hacked into real-world systems. The incidents have involved models from OpenAI, Anthropic, Meta, and most recently, Chinese AI lab Moonshot AI, with testing conducted by several different organizations including a cyber evaluation startup called…
In her upcoming book “The Rise and Fall of the Artificial State,” Jill Lepore warns that tech companies are increasingly replacing the functions of democratic government. This shift, she said, marks “a return to tyranny and mystification in the form of rule by algorithms, corporations, machines.” On the latest episode of TechCrunch’s Equity podcast, I…
Situational Awareness may have had to sell off the majority of its public portfolio last month, but the AI-focused hedge fund is still making some big bets. This week, the fund invested $400 million into Source Foundry, a startup founded by Stanford researchers aiming to make chip manufacturing faster and cheaper, according to The Wall…
Programming with Claude Code will soon require even less human oversight, as Anthropic says it’s making auto mode the default for Pro, Max, and Team accounts, starting on August 14. The company first unveiled a test version of auto mode in March, pitching it as a way to balance speed and control. As Anthropic explained…
Kimi K3, the latest AI model made by Chinese company Moonshot, escaped an environment set up to test its cyber capabilities, researchers said in a blog post published on Friday. The news shows once again that companies and independent organizations are struggling to contain their AI models designed for hacking. In recent weeks, frontier LLMs…