Insider Brief South Korean robotics company WIRobotics raised about $68 million in a Series B funding round as the company expands beyond wearable robotics and accelerates development of its humanoid robotics platform ALLEX. According to the company, the funding will support development and commercialization of ALLEX, a humanoid platform focused on human-level object manipulation, while…

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SpaceXAI, the company formed after SpaceX acquired xAI in February, is facing mounting pressure on two fronts: a significant exodus of AI research talent and a legal challenge over environmental violations at its Mississippi data center. More than 50 researchers and engineers have departed since the merger, according to reports, including key leaders in coding,…

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Insider Brief DesignVerse, an AI platform that generates enterprise software from an organization’s own documentation and internal rules, has raised $5.5 million in seed funding from investors including Begin Capital, Gapminder VC, and Underline Ventures, with angels from Adobe, LSEG, and UiPath also participating. The company has already been adopted by EUROCONTROL, the body responsible…

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Cerebras Systems, the AI chip designer that builds processors purpose-built for artificial intelligence inference, raised $5.5 billion in its IPO on Thursday after pricing shares at $185 — well above its revised target range — before opening to public trading at $385. The stock closed its first day at $311, giving the company a valuation of $66 billion. Co-founder…

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Cisco is eliminating nearly 4,000 positions — approximately 5% of its global workforce — to restructure its cost base and redirect investment toward artificial intelligence and cybersecurity, the networking giant announced alongside better-than-expected fiscal third-quarter results. CEO Chuck Robbins described the company as achieving record revenue and double-digit growth, while framing the redundancies as a strategic shift toward embedding…

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OpenAI has integrated its Codex AI coding agent into the ChatGPT mobile app for iOS and Android, allowing developers to monitor live environments, review outputs, approve commands, and manage workflows remotely. The update, currently in preview, follows Codex gaining background desktop capabilities last month and a Chrome extension earlier this month — part of a rapid expansion…

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Google and SpaceX are in discussions to deploy data centers in orbit, according to reports, as both companies position themselves at the forefront of a nascent race to move AI computing infrastructure beyond Earth’s atmosphere. The talks coincide with SpaceX’s anticipated $1.75 trillion IPO, in which Elon Musk has promoted orbital data centers as a…

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Dessn, a startup that lets product designers iterate on existing codebases using AI without local setup, has raised $6 million in a funding round led by Connect Ventures, with participation from Betaworks and N49P. The company was founded by Gabriella Hachem and Nim Cheema, who built the tool around the thesis that as AI makes…

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Origin Lab, a startup building a licensed data marketplace between the video game industry and AI labs developing world models, has raised $8 million in seed funding led by Lightspeed Ventures, with participation from SV Angel, Eniac, Seven Stars, and FPV. Angel investors include Twitch co-founder Kevin Lin and Cruise founder Kyle Vogt. The company,…

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Read Online | Sign Up | Advertise Good morning, {{ first_name | AI enthusiasts }}. AI coding agents can now run for hours at a time. Sitting at your desk the entire time shouldn’t be a requirement… Or carrying around a computer to keep things moving. Codex going mobile inside the ChatGPT app is OpenAI’s…

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