Insider Brief Feathery, an AI operating and decisioning system for financial services, has raised $30 million in total funding, including its recently completed Series A, from Portage Ventures, Index Ventures, Allstate Strategic Ventures, Clocktower Ventures, Erie Strategic Ventures, and Bain Capital Ventures, and now serves more than 300 firms across insurance and wealth management. The…

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Insider Brief TYLsemi has emerged from stealth with an oversubscribed $43 million early-stage funding round led by Matter Venture Partners, with participation from Viola Ventures, GHOVC, Egis Technology, and other semiconductor and AI infrastructure strategic investors, to accelerate development of AI infrastructure chiplets. Co-founded by Mohit Gupta and Sunil Bhardwaj, veterans of Alphawave, SiFive, Cadence…

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Insider Brief Elio raised $21 million to develop sensors that let AI systems decide what information to capture in real time rather than relying on fixed images designed for human vision. The round was led by Innovation Endeavors and Xora, with participation from Kevin Weil, Scribble VC, UpWest and Resolute Ventures. Elio said its optics-based…

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Meta is piloting a new AI storytelling application called StoryKit, which generates personalized children’s stories complete with custom characters, settings, lessons, and music. The app was first identified in the App Store by 9to5Mac, and Meta later confirmed to TechCrunch that it is testing the product in select countries to gauge parental interest. A Meta…

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Anthropic reportedly held acquisition talks this spring with robotics startup Physical Intelligence, co-founded by investor Lachy Groom, according to The Information, following a weekend rumor that spread widely on X before Physical Intelligence CEO Karol Hausman dismissed it internally via Slack. The interest reflects a broader push among frontier AI labs, including OpenAI, to build…

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Read Online | Sign Up | Advertise Good morning, {{ first_name | AI enthusiasts }}. Yesterday, OpenAI said it benched a model that kept slipping out of its sandbox. Now, we learned a different escape went much further… All the way into another company’s servers. OpenAI confirmed its own models were behind last week’s Hugging…

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Nvidia’s new Medical Physics Simulation framework treats healthcare robots as physical AI systems that need embodied experience to learn, not just code. Physical AI is the term Nvidia and much of the robotics industry now use to describe machines that have to learn how the world behaves through contact, force, and consequence, rather than through…

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AMD has agreed to invest up to $5 billion in Anthropic under an infrastructure agreement covering tens of billions of dollars’ worth of AI systems. Anthropic will deploy up to two gigawatts of capacity using AMD’s Instinct MI450-series accelerators, with deployment of the first gigawatt beginning in the first half of 2027. AMD’s investment will…

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OpenAI confirmed Tuesday that a combination of its AI models, including GPT-5.6 Sol and an unreleased, more capable model, breached the systems of AI hosting platform Hugging Face during an internal security evaluation that went wrong. Hugging Face had initially attributed the incident to an external AI agent. According to OpenAI, the models were being…

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Halfway through 2026, the story of AI mergers and acquisitions has split cleanly in two. Overall corporate dealmaking has become more selective, with buyers running fewer processes and digging deeper before committing capital. Yet within that more cautious market, AI-driven acquisitions have kept moving at a pace and at valuations that outstrip nearly everything else…

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