Read Online | Sign Up | Advertise Good morning, {{ first_name | AI enthusiasts }}, and welcome to our 3,428 new readers. We’re only three days into September, and a flurry of new AI models has already hit the leaderboards. Both Meta and Google just joined the launch party Anthropic kicked off, but on very…

Continue Reading

OneRail has launched an AI-powered delivery platform that uses Nvidia technology to help retailers, wholesalers, and distributors decide how individual orders should be delivered. Called OmniSTAR, the system evaluates options including owned fleets, couriers, parcel carriers, and other delivery modes, then selects the lowest-cost option that meets the required service level, according to OneRail. The…

Continue Reading

NVIDIA has agreed to acquire Hugging Face for $12.93 billion to scale the open-source model repository’s platform and infrastructure. The transaction targets platform growth and infrastructure investment, aiming to expand AI access for enterprise developers, software engineers, and research institutions globally. Built over the past decade by Clem Delangue, Julien Chaumond, Thomas Wolf, and their…

Continue Reading

AI training-data startup AfterQuery has reportedly raised a round valuing the company at $3.2 billion, according to Forbes, just five months after it announced a $30 million Series A at a $300 million valuation in April. The jump represents more than a tenfold increase in under half a year, which Y Combinator partner Gustaf Alströmer…

Continue Reading

Deal sourcing used to run almost entirely on relationships. A banker relationship, a scout network, a founder who happened to know the right partner. That model still matters, but it is no longer the whole story. Across private equity, venture capital, and growth equity, investors are increasingly building sourcing pipelines around live market data and…

Continue Reading

AI startup Instinct has raised $250 million in a Series B round, bringing its total funding to $350 million and pushing its valuation to $2.5 billion, the company confirmed to The Wall Street Journal. The round was co-led by Index Ventures and Benchmark. Founded just last year, Instinct is led by 23-year-old founder Noah Shinn…

Continue Reading

Mundo AI, a Vancouver-based provider of data infrastructure and analytics for AI, has raised $24 million in combined Seed and Series A funding. The round was led by GreatPoint Ventures, with participation from Y Combinator, Next Frontier Ventures, and E12 Ventures. The company said it plans to use the funding to expand its operations and…

Continue Reading

Google is expanding its AI footprint with two announcements this week: a new AI image-creation tool for Workspace and a set of Gemini-powered accessibility updates for Android. The company introduced Google Pics, an image-creation and editing tool powered by its Nano Banana model, which will roll out to Workspace business customers and Google AI Pro…

Continue Reading

Anthropic has released Fable 5.1 and Mythos 5.1, twin versions of its most advanced AI model, featuring performance upgrades alongside changes aimed at reducing token costs and false-positive safeguard restrictions. Mythos 5.1 remains restricted to registered partners in cybersecurity and life sciences research, while Fable 5.1 is available immediately through cloud platforms and the Anthropic…

Continue Reading

Amazon this week rolled out two new AI-powered additions to its Alexa for Shopping assistant, continuing a broader push to make the tool more proactive in guiding customers through purchases and protecting them from fraud. On Tuesday, Amazon introduced a feature called “Update Me When,” which lets shoppers set up personalized notifications for events that…

Continue Reading