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

OpenAI is navigating a turbulent week marked by expanding litigation, a major healthcare integration, and new disclosures about an advanced cybersecurity-capable model. Law firm Edelson PC, led by Jay Edelson, filed 30 additional lawsuits against OpenAI this week on behalf of teachers, a principal, and students connected to the Tumbler Ridge, British Columbia school shooting,…

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

OliverAI has announced pre-seed funding from Menlo Ventures and Unusual Ventures to grow OliverDB, an analytical data platform built specifically for agentic AI systems. The company argues that current enterprise analytics infrastructure cannot handle the continuous, machine-speed workloads that AI agents generate, creating both performance bottlenecks and rising compute costs that threaten the return on…

Continue Reading

Read Online | Sign Up | Advertise Good morning, {{ first_name | AI enthusiasts }}, and welcome to our 3,338 new readers who joined yesterday. The theme of the last month has been safety over shipping when it comes to models from the two AI leaders. The calendar turning to September appears to have flipped…

Continue Reading

Motional and MIT researchers have built a system that lets self-driving cars explain their decisions in real-time, tackling the black-box problem in autonomous vehicle AI. The work, published in Nature, comes from a team at Motional that includes CEO Laura Major, working alongside researchers from MIT’s Computer Science and Artificial Intelligence Laboratory. Their proposed method,…

Continue Reading

ChatGPT Ads has hit $1 billion in annualised revenue run rate in under 200 days, and OpenAI is expanding self-service ads to new regions. Tens of thousands of advertisers now use the platform and self-service access through Ads Manager is launching today in India, Europe, the Middle East, and North Africa. According to OpenAI, people…

Continue Reading